Closing the temporary accounts at the end of each accounting period: O Gives Accumulated Depreciation accounts zero balances. O All of these answers are correct O Gives the revenue and expense accounts zero balances. O Transfers the effects of these accounts to the cash account on the balance sheet. O Updates the withdrawal account to show how much owners have taken from the firm. QUESTION 12 The following is a journal entry posted on January 9, 2022 by Yellow Lion Maintenance Services. What transaction would be represented by this posting? Accounts Receivable 5,000.00 Service Revenue 5,000.00 O White Lion received $5,000 when they sold a vehicle O White Lion received $5,000 cash to pay down a loan O White Lion provided services for $5,000 cash O White Lion provided services for $5,000 and will be paid in the future White Lion purchased services for $5,000 on credit and will pay in the future