Closing Which of These Accounts Results in a Credit to the Profit

question 35

Multiple Choice

Closing which of these accounts results in a credit to the Profit and Loss Summary account?

• A)Sales
• B)Depreciation
• C)Rent Expense
• D)Drawings

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Definitions:

Assorted Symptoms

A variety of signs or manifestations associated with a particular disease or condition, often differing in nature or severity.

Somatogenic Hypothesis

The theory that mental disorders result from physiological causes, such as brain function or genetics, rather than solely from psychological or environmental factors.

Mental Illness

Disorders that affect mood, thinking, and behavior, ranging from depression and anxiety to schizophrenia and bipolar disorder.

Bodily Injury

Physical harm or damage to a person's body, as opposed to emotional or psychological harm.