Question: When closing entries are made: Multiple Choice All ledger accounts are closed to start the new accounting period. All temporary accounts are closed but permanent

When closing entries are made:
Multiple Choice
All ledger accounts are closed to start the new accounting period.
All temporary accounts are closed but permanent accounts are not closed.
All asset accounts are closed but liability accounts are not closed.
All permanent accounts are closed but temporary accounts are not closed.
All balance sheet accounts are closed.
When closing entries are made: Multiple Choice All ledger accounts are

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