End of Year Records from Abbi's Boutique Show During the Closing Process the Total Debit to the Profit

question 12

Multiple Choice

End of year records from Abbi's Boutique show: $$\begin{array} { l r } & \$ \\\text { Cash } & 20 \\\text { GST Outlays } & 35 \\\text { Salaries Payable } & 10 \\\text { Rent Expense } & 100 \\\text { Interest Expense } & 50 \\\text { Prepaid Rent } & 30 \\\text { Salary Expense } & 20 \\\text { Rent Collected in Advance } & 20\end{array}$$ During the closing process the total debit to the Profit and Loss Summary account would be:

• A)$90
• B)$170
• C)$80
• D)$110

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Definitions:

Emotional Level

A measure of the intensity or degree of emotions an individual is experiencing at a given time.

Outgroup

A term denoting individuals or groups perceived as not belonging to one's own group, often seen as different or outside the ingroup.

Jigsaw Technique

An instructional strategy designed to promote cooperative learning by having students work in small groups to complete a task, each contributing a unique piece of information.

Reciprocity

A social norm of responding to a positive action with another positive action, fostering mutual benefit and cooperation.