Match the following statements to the appropriate terms. Begins with an analysis of transactions and ends with the post-closing trial balance. Account to which Owner's Drawings is closed. An optional tool which facilitates the preparation of fi nancial statements. A temporary account used in the closing process. Balance sheet accounts whose balances are carried forward to the next period. Step after closing entries. Entries to correct errors made in recording transactions. Income statement accounts and the drawing account. Entries at the end of an accounting period to transfer the balances of temporary accounts to apermanent owner's equity account. Closed to Income Summary