The following is the adjusted trial balance as of December 31,2019 of Wilson Repair Services Company after the first year of operations:
Prepare the closing entry for the Income Summary account.Omit explanation.
Definitions:
Unrestricted Freedom
A state or condition where there are no limitations or boundaries on one's actions or decisions.
Unconditional Positive Regard
A therapeutic practice where the therapist offers the client acceptance and support no matter what they say or do.
Parents' Responsibility
Refers to the obligations and duties parents have to ensure the safety, well-being, and development of their children.
Rogers
Refers to Carl Rogers, an influential American psychologist who founded the person-centered approach to therapy and significantly contributed to humanistic psychology.
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