Obj. 4 EX 5-30 Closing the accounts of a merchandiser From the following list, identify the accounts that should be closed to Income Sum- mary at the end of the fiscal year under a perpetual inventory system: able, (B) Advertising Expense, (C) Cost of Goods Sold, (D) Dividends, (E) Inventory, (F) Sales, (G) Supplies, (H) Supplies Expense, (D Wages Payable