The Last Step in the Closing Procedure Closes

question 5

Multiple Choice

The last step in the closing procedure closes

• A) the Income Summary account.
• B) the Capital account.
• C) the Drawing account.
• D) the expense accounts.
• E) all liability accounts.

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Definitions:

Social Rejection

The act or experience of being deliberately excluded or disregarded by others within a social context or group.

Generous

Showing a readiness to give more of something, such as money or time, than is strictly necessary or expected.

Child Neglect

Failure to meet a child’s basic physical, educational, or emotional needs.

Emotional Regulation

The process by which individuals influence their emotions, how they experience and express them.