In the Closing Procedure, the Expense Account(s) Should Be Closed

question 29

Multiple Choice

In the closing procedure, the expense account(s) should be closed into the:

• A) Income Summary account.
• B) Net Income account.
• C) Expense Payable account.
• D) Drawings Account.

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Definitions:

Tartar

A hard deposit that forms on teeth when plaque accumulates and mineralizes, leading to various dental problems.

Oral Cavity

The mouth, including the lips, teeth, gums, and the anterior portion of the tongue, where digestion begins.

Roof of Mouth

The upper interior surface inside the mouth, comprising the hard and soft palate.

Nursing Assistive Personnel

Nursing Assistive Personnel are healthcare workers who provide basic care under the supervision of nursing staff, including helping patients with activities of daily living.