Identifying accounts to be closed OBJ. 3 From the list that follows, identify the accounts that should be closed to Income Summary at the end of the fiscal year:

a. Accounts Payable

b. Accumulated Depreciation—Equipment

c. Depreciation Expense—Equipment

d. Equipment

e. Common Stock

f. Dividends g. Fees Earned h. Land i. Supplies j. Supplies Expense k. Wages Expense l. Wages Payable