Question: Question 30 2 pts 30. The closing process is necessary in order to O A. ensure that net income or net loss and dividends for

Question 30 2 pts 30. The closing process is necessary in order to O A. ensure that net income or net loss and dividends for the period are closed to retained earnings, O B. calculate net income or net loss for an accounting period. O C. ensure that all permanent accounts are closed to zero at the end of each accounting period. O D. ensure that management is aware of how well the company is operating

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