Which Account Bypasses the Income Summary Account in the Closing

question 11

Multiple Choice

Which account bypasses the Income Summary account in the closing process?

• A) Revenue from Services
• B) Depreciation Expense-Building
• C) Dividends
• D) Wages Expense

---

Definitions:

Contamination

The presence of unwanted substances or microorganisms in a material or environment, potentially causing harm or pollution.

Work In A Dark Area

Conducting tasks or operations in a location with low light levels, which may necessitate the use of additional lighting equipment for visibility.

Due Date

The specific day by which a task, obligation, or payment is expected to be completed or fulfilled.

Gross Collection Ratio

Includes the total payments received by a practice for a specific period of time, not including any write-offs. The gross collection ratio can be calculated by taking the total payments for the specific period divided by the total charges, again without considering write-offs.