Which of the Following Accounts Will Not Be Closed to Income

question 104

Multiple Choice

Which of the following accounts will not be closed to Income Summary at the end of the fiscal year?

• A) Salaries Expense
• B) Fees Earned
• C) Unearned Rent
• D) Depreciation Expense

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Definitions:

Social Construction

A theory that posits knowledge, identities, and realities are created or constructed through social processes and interactions rather than being inherently natural or biological.

Environmental Problems

Issues caused by human activities that damage the natural world, including pollution, climate change, deforestation, and loss of biodiversity.

Genetic Pollution

The uncontrolled spread of genetic material, particularly modified or foreign genes, which can lead to unintended changes in populations of wild organisms.

Environmental Racism

involves race-based environmental inequity, where minority communities face disproportionate exposure to pollution and environmental hazards compared to more affluent, predominantly white areas.