Which of the Following Accounts Are Debited When Closing Entries

question 19

Multiple Choice

Which of the following accounts are debited when closing entries are made for the general fund (assume outstanding encumbrances lapse at year-end) ?

• A) I, II, III, VI.
• B) I, II, IV.
• C) I, IV, V, VI.
• D) III, IV, V.

---

Definitions:

Narcissism

A character attribute marked by an overwhelming concern with self and a deficiency in compassion towards others.

Anterior Commissure

A bundle of nerve fibers in the brain that connects the two cerebral hemispheres, facilitating communication between them.

Anterior Cingulate Cortex

A region of the brain involved in impulse control, decision-making, emotion, and anticipation of reward.

Pancreas

An organ in the digestive and endocrine systems that produces enzymes for digestion and hormones such as insulin, which regulates blood sugar levels.