The Entry Made to Close Service Revenue Would Include a Debit

question 38

Multiple Choice

The entry made to close Service Revenue would include a debit to:

• A)Retained Earnings and a credit to Service Revenue.
• B)Service Revenue and a credit to Retained Earnings.
• C)Service Revenue and a credit to Dividends.
• D)Service Revenue and a credit to Net Income.

---

Definitions:

Axon Terminal

The endpoint of a neuron's axon where neurotransmitters are released to transmit signals to another neuron or effector cell.

Synaptic Vesicle

A synaptic vesicle is a small, spherical vesicle that contains neurotransmitters and is found within the terminal of a nerve fiber.

Sensory Impulses

Electrical signals that are generated by sensory receptors and travel along sensory neurons to the brain, where they are interpreted as sensations like touch, taste, sound, and sight.