Can anyone help regarding these questions for Month-End, Year-End, Closing, and Financial Statements

Temporary accounts must be closed at the end of the accounting year. True False The year-end closing entries are also known as year-end adjusting entries. True False Assets are closed to Retained Earnings at the end of the year. True Felse The Retained Earnings account is a temporary account. True Felse Liabilities are considered nominal accounts. True Felse The purpose of the year-end closing process is to bring the temporary accounts to a zero balance. True False To close the Owner's Capital account, you should debit Owners Capital and credit Retained Eamings. True False The closing entry for salaries includes a credit to the Salaries Expense account for the total amount appearing on the general ledger account. True False In manual accounting, if a business has a net income, the Income Summary account will carry a credit balance before closing. True False