Question: 8. Answer the following as true or false, then select the correct multiple-choice answer: An example of an accrued expense is wages payable. The equality

8. Answer the following as true or false, then select the correct multiple-choice answer: An example of an accrued expense is wages payable. The equality of debits and credits in an adjusted trial balance means that all entries were correctly posted to the accounts. The normal balance of accumulated depreciation is a debit. A. True, True, True B. True, False, False C. True, False, True D. False, False, False E. False, True, True 9. Which of the following entries properly closes a temporary account? A. Income Summary Service Revenue B. Dividends Retained Earnings C. Accumulated Depreciation XX Income Summary D. Income Summary Dividends E. Income Summary Cost of Goods Sold

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