Question: 4 Select all correct answers below that are TRUE regarding the closing process All temporary accounts are closed during the closing process All permanent accounts

Select all correct answers below that are TRUE regarding the closing process All temporary accounts are closed during the closing process All permanent accounts are closed during the closing process All revenue accounts are closed during the closing process All asset accounts are closed during the closing process All liability accounts are closed during the closing process The Income Summary account is closed during the closing process

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