Fill in the blanks with the correct terms from the list below. 

Closing................................... temporary accounts
Income Summary................. post-closing trial balance
Permanent accounts............closing journal entries

1. ________________ are the accounts that are not carried over to the next fiscal year.
2. The last step in the accounting cycle is ______________.
3. The process of bringing the balances of all revenue, expense, and withdrawal accounts to zero is called ____________.

4. _________________ is a temporary account that summarizes revenue and expenses.
5. _________________ are prepared to clear all temporary accounts to zero and update the capital account.
6. _________________ are the accounts that are carried over to the next fiscal year.