Which of the Following Accounts Will Be Closed by Debiting

question 54

Multiple Choice

Which of the following accounts will be closed by debiting the Income Summary account?

• A) Retained Earnings
• B) Service Revenue
• C) Accounts Receivable
• D) Salaries Expense

Understand and apply principles of accountability and responsibility in nursing practice.

Understand and apply the principles in the nursing code of ethics including advocacy, responsibility, confidentiality, and accountability.

Evaluate the importance of patient autonomy in nursing care decisions.

Assess ethical dilemmas involving patient care and apply ethical principles such as nonmaleficence, beneficence, and justice to resolve them.

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Definitions:

Octet Rule

A chemical rule of thumb that states atoms tend to combine in such a way that each atom has eight electrons in its valence shell, giving it the same electronic configuration as a noble gas.

Isoelectronic

Describes atoms, molecules, or ions that have the same number of electrons and similar electronic structure, but different nuclear charges.

Octet Rule

A chemical rule of thumb that states atoms tend to combine in such a way that they each have eight electrons in their valence shells, giving them the same electron configuration as a noble gas.

Lewis Dot Structure

A diagrammatic method for representing an atom's valence electrons and the chemical bonds between atoms within a molecule.