The Entry to Close Revenue Accounts

question 80

Multiple Choice

The entry to close revenue accounts:

• A)increases total assets.
• B)decreases total assets.
• C)decreases retained earnings.
• D)increases retained earnings.

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Definitions:

Dendrites

The branched projections of a neuron that receive signals from other neurons or from sensory stimuli and conduct them toward the cell body.

Neuron

A cell in the nervous system that transmits information through electrical and chemical signals.

Neuronal Networks

Complex circuits of neurons that work together to process information or perform specific tasks in the brain and nervous system.

Myelin

A fatty substance that surrounds and insulates the axons of some neurons, facilitating the rapid transmission of electrical signals.