Closing the temporary accounts at the end of each accounting period: Question 13 Not yet answered Marked out of 0.50 P Flag question Select one: A. Serves to transfer the effects of these accounts to the proper owner's equity account on the balance sheet. B. Prepares the withdrawals account for use in the next period. O C. Gives the revenue and expense accounts zero balances. O D. All ot the above

Closing the temporary accounts at the end of each accounting period: Select one: A. Serves to transfer the effects of these accounts to the proper owner's equity account on the balance sheet. B. Prepares the withdrawals account for use in the next period. C. Gives the revenue and expense accounts zero balances. D. All of the above