Which of the Following Is the Last Step in the Procedure

question 51

Multiple Choice

Which of the following is the last step in the procedure of closing accounts at the end of a fiscal period?

• A) Close the expense account(s) into Income Summary.
• B) Close the drawing account into the capital account.
• C) Close the revenue account(s) into Income Summary.
• D) Close the income summary account into the capital account.

---

Definitions:

Autism Spectrum Disorder

A spectrum of disorders impacting neurodevelopment, leading to difficulties in communication, both verbal and nonverbal, social interactions, and repetitive behaviors.

Measles-mumps-rubella (MMR) Vaccination

A vaccine designed to protect against three major diseases: measles, mumps, and rubella.

Scientific Evidence

Information obtained through systematic observation or experimentation, used to validate or refute hypotheses, theories, and beliefs.

Autism Spectrum Disorder

A variety of conditions related to brain development that affect social interaction, communication abilities, and may include repetitive actions and difficulty with verbal and nonverbal communication.