Which of the Following Accounts Will Be Closed by Debiting

question 2

Multiple Choice

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

• A)Salary expense
• B)Accounts receivable
• C)Service revenue
• D)Drawings

---

Definitions:

Environment

The surrounding conditions, including social, physical, and economic, in which an organization operates.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, enriching social interactions and understanding.

Unfamiliar Settings

Environments or situations that are not known or recognized by an individual, often requiring adaptation or learning.

Systematic Cultural Differences

The consistent and distinctive variations in the norms, values, attitudes, and behaviors among cultures that can impact interactions and operations in a global context.