Question: Choose the statement below that explains what closing means. O Closing means to transfer an expense account's balance to the income statement. O Closing means

Choose the statement below that explains what "closing" means. O Closing means to transfer an expense account's balance to the income statement. O Closing means to adjust an account's balance to its correct amount. O Closing means to transfer the balance in an account to an asset account. O Closing means to bring an account balance to zero

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