Which of the Following Accounts Will Be Closed by Debiting

question 132

Multiple Choice

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

• A) Owner, Capital
• B) Service Revenue
• C) Accounts Receivable
• D) Salaries Expense

---

Definitions:

Johari Window

A model used to enhance understanding between individuals within a group by mapping self-awareness and mutual understanding.

Cognitive Development

The construction of thought processes, including remembering, problem solving, and decision-making, from childhood through adulthood.

Psychological Requirements

The mental and emotional needs that contribute to a person's well-being and psychological health.

Self-Disclosure

The process of disclosing one's own confidential, intimate, or protected details to other people.