Use This End-Of-Period Spreadsheet to Answer the Questions That Follow

question 39

Multiple Choice

Use this end-of-period spreadsheet to answer the questions that follow.
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-The journal entry to close revenues would be:

• A) debit Income Summary, $155,000; credit Fees Earned, $155,000
• B) debit Common Stock, $155,000; credit Fees Earned, $155,000
• C) debit Fees Earned, $155,000; credit Income Summary, $155,000
• D) credit Fees Earned, $155,000; credit Common Stock, $155,000

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Definitions:

Skin Breakdown

The deterioration of skin integrity, often resulting from prolonged pressure or friction.

Decreased Mobility

A reduction in the ability to move freely and easily, often due to injury, illness, or aging.

Bedfast Patient

A term describing a patient who is confined to bed due to illness or mobility issues, requiring assistance for most activities.

Back Strain

Injury to the muscles or tendons in the back, often caused by lifting heavy objects improperly or sudden movements.