Accounts in a company's general ledger are divided into different categories. One of these categories is defined as follows: "Accounts that are temporary and are really just subcategories of Retained Earnings." What label is given to these accounts? Nominal Real Subsidiary Accrual Fiscal At the end of each accounting period, a company "closes the books." The balances in some accounts are left as they are and continue unchanged into the next accounting year. The balances of other accounts are set at zero. Which one of these items is closed to a zero balance at the end of each accounting period? Cost of goods sold Loans payable Retained earnings Accounts receivable Cash