The Drawing Account Should Be Closed into the __________ Account

question 67

Multiple Choice

The Drawing account should be closed into the __________ account.

• A)Income Summary
• B)Net Income
• C)Expense
• D)Capital

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Definitions:

Secondary Emotions

Emotions that are complex and involve a combination of primary emotions, such as guilt, shame, and pride.

Parenthood

The state or experience of being a parent, involving the responsibilities and duties of raising children.

Physiological

Relating to the branch of biology that deals with the normal functions of living organisms and their parts.

Cognitive

Relating to mental processes such as perception, memory, and reasoning.