Identifying Accounts to be Closed From the following list, identify the accounts that should be closed to Income Summary at the end of the fiscal year: a. Accounts Payable b. Accumulated Depreciation-Equipment c. Depreciation Expense-Equipment Not closed to Income Summary d. Equipment Yes, closed to Income Summary e. Common Stock f. Dividends g. Fees Earned h. Land i. Supplies j. Supplies Expense k. Wages Expense I.Wages Payable