centralgatech.blackboard.com CT1100-FINAN.. (112) How To QUESTION 8 Assets,liabilities, and owner's capital are real accounts and do not get closed at the end of the period. O True O False QUESTION 9 The post-closing trial balance will generally have fewer accounts than the trial balance. O True O False QUESTION 10 The income summary account is closed to the owner's capital account. O True False QUESTION 11 The last step of the accounting cycle is to prepare a post-closing trial balance. True False QUESTION 12 Land is an example of a plant asset. True False