Which of the Accounts Below Would Be Closed by Posting

question 52

Multiple Choice

Which of the accounts below would be closed by posting a debit to the account?

• A) Unearned Revenue
• B) Fees Earned
• C) Josh Morton, Drawing
• D) Miscellaneous Expense

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Definitions:

Union Steward

A union representative elected by fellow workers to serve as their liaison with union officials and management, often playing a crucial role in grievance processes.

Grievance Arises

Refers to situations where an issue or complaint is raised by an employee or a group of employees, typically regarding workplace policies, conditions, or treatments that they find unfair or unsatisfactory.

International Union Federation

An organization that represents and unites trade unions from different countries around the globe, working on common issues affecting workers.

Union Organizing

The process by which workers band together to form a labor union in order to collectively negotiate with their employer over wages, benefits, and conditions.