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The Income Summary Account Shows A,What Does This Indicate?
B

question 103

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The Income Summary account shows:
 Incame Summary  Clos. 211,000 Clos. 13,5001\begin{array}{l}\text { Incame Summary }\\\begin{array} { l | l } \hline \text { Clos. } 2 & 11,000 \text { Clos. } \\13,500 & 1 \\\hline\end{array}\end{array} a,What does this indicate?
b.Prepare the entry to close Income Summary.Omit the explanation.The owner's name of the sole proprietorship is Marvin Johnson.


Definitions:

Restructuring

A therapeutic technique that involves changing the patterns of thought, behavior, or emotional response that contribute to a person's distress.

Homeostasis

Homeostasis is the process by which biological systems maintain stability and equilibrium within their internal environment despite external changes.

Minuchin

Salvador Minuchin, a pivotal figure in the development of family therapy, known for his work on structural family therapy.

Structural Therapist

A mental health professional specialized in structural family therapy, working to identify and alter dysfunctional family structures and dynamics.

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