centralgatech.blackboard.com 100-FINAN... QUESTION 17 There are four closing entries. The first one is to close revenues, the second one is to close expenses, the third one is to closeand the last one is to close the O a Income Summary, drawing account O b.drawing account Income Summary O c Income Summary, assets Od. Income Summary, capital account QUESTION 18 Which of the following accounts ordinarily appears in the post-closing trial balance? a Unearned Rent O b. Supplies Expense Oc. Zane White, Drawing O d. Fees Earned QUESTION 19 An end-of-period spreadsheet includes columns for O a adjusting entries Ob.adjusting and closing entries 0 c, closing entries d, reversing entries QUESTION 20 Which of the statements below indicates that a company earned a net income for the period? heet. a The sum of the debits exceeds the sum of the credits in the Income Statement columns on the end-of-period spreads