If the Variable Capital Balances Method (Method 1) Is Used

question 15

Multiple Choice

If the variable capital balances method (method 1) is used, the profit or loss and partner's drawings are closed to the:

• A) retained earnings accounts.
• B) capital accounts.
• C) profit or loss summary account.
• D) income statement.

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Definitions:

Gastrostomy Feedings

The process of delivering nutrition directly into the stomach through a tube, used when someone cannot eat by mouth.

Tracheoesophageal Fistula

An abnormal connection (fistula) between the trachea and the esophagus, which can lead to breathing and feeding difficulties and often requires surgical correction.

Replogle Tube

A dual-lumen tube used primarily in neonates for gastric decompression and to remove gastric secretions.

Gastrostomy Tube

A tube inserted through the abdomen into the stomach for feeding or drainage.