Deto 16 Which of the following statements in relation to closing entries is correct? Marked out of 3.00 Flag question Select one: O A. Closing entries are prepared before the preparation of financial statements. B. Closing entries are prepared to bring the temporary account balances to zero. C. Closing entries are prepared to bring the permanent and temporary account balances to zero. OD. Closing entries are not considered to be part of the accounting cycle. Destion 17 The accounting process is correctly sequenced as: Not yet wered Marked out of 1.00 Flag Quention Select one: A. Recording, communication, identification. B. Identification, communication, recording. C. Communication, recording, identification e D. Identification, recording, communication