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Closing entries are 1 a . made to close permanent or real accounts.b . journalized in the general journal.c . made to transfer temporary accounts

Closing entries are $1$ a $.$ made to close permanent or real accounts.b $.$ journalized in the general journal.c $.$ made to transfer temporary accounts to the next accounting period.d $.$ an optional step in the accounting cycle.

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Closing entries are 1 a . made to close permanent or real accounts.b . journalized in the general journal.c . made to transfer temporary accounts

Closing entries are 1 a.made to close permanent or real accounts.b.journalized in the general journal.c.made to transfer temporary accounts to the next accounting period.d.an optional step in the accounting cycle.

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Closing entries are $1$ a $.$ made to close permanent or real accounts.b $.$ journalized in the general journal.c $.$ made to transfer temporary accounts to the next accounting period.d $.$ an optional step in the accounting cycle.