To Close the Fees Earned Account

question 108

Multiple Choice

To close the Fees Earned account,

• A) debit Income Summary; credit Fees Earned.
• B) debit Fees Earned; credit Capital.
• C) debit Fees Earned; credit Income Summary.
• D) debit Capital; credit Fees Earned.

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Definitions:

SSID

Acronym for Service Set Identifier, it's the name assigned to a Wi-Fi network to distinguish it from other networks.

Wireless Network

A network where devices communicate and connect to the internet or each other without the need for physical cables.

Hyperlink

A clickable reference or navigation element in a document or web page that links to another section of the same document or to an external resource.

HTML

Hypertext Markup Language, the standard markup language for documents designed to be displayed in a web browser.