Use the Following Account Balances from the Adjusted Trial Balance

question 63

Multiple Choice

Use the following account balances from the adjusted trial balance of Gees Catering:

Select the correct closing entry that Gees Catering would make to close their revenue account(s) at the end of the accounting period.

• A) Fees Revenue $ 10,000 Income Summary $ 10,000
• B) R. Gees, Capital $ 10,000 Fees Revenue $ 10,000
• C) Income Summary $ 10,000 Fees Revenue $ 10,000
• D) Fees Revenue $ 10,000 R.Gees, Capital $ 10,000

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Definitions:

Dressing Changes

The process of replacing a wound's bandages to promote healing and prevent infection.

Blood Sugar

The concentration of glucose present in the blood, important to monitor in conditions like diabetes.

Physical Mobility

The ability to move and control movements of the body, often used in the context of health and physical ability.

Fractured Leg

A break or crack in one or more of the bones of the leg, which can vary in severity and may significantly impact mobility and require medical intervention.