=+EX 4-13 Balance sheet obj. 2

✔ Corrected balance sheet, total assets:

$540,000 From the following list, identify the accounts that should be closed to Income Summary at the end of the fiscal year:

a. Accounts Receivable g. Fees Earned

b. Accumulated Depreciation—Equipment h. Land

c. Depreciation Expense—Equipment i. Supplies

d. Equipment j. Supplies Expense

e. Erin Dowley, Capital k. Wages Expense

f. Erin Dowley, Drawing l. Wages Payable