References Mc Graw Knowledge Check 01 The purpose of the closing process is to: (You may select more than one answer. Single click the box with the que produce a check mark for a correct answer and double click the box with the question mark to empty the box fa Any boxes left with a question mark will be automatically graded as incorrect.) Reset assets, liabilities and owner's capital accounts ? Reset revenues, expense and withdrawal accounts ? Help summarize a period's revenues and expenses ? Help summarize a periods assets and liabilities S

The purpose of the closing process is to: (You may select more than one answer. Single click the box with the qu produce a check mark for a correct answer and double click the box with the question mark to empty the box f Any boxes left with a question mark will be automatically graded as incorrect.) Reset assets, llabilities and owner's capital accounts 2 Reset revenues, expense and withdrawal accounts Help summarize a period's revonues and expenses 2 Help summarize a periods assets and liabilities