When closing Wage Payable, the balance is transferred to: The account is not closed Retained Earnings account Asset account Liability account Which of the following would be classified as a current asset on the balance sheet? Supplies Office Equipment Equipment Land When closing Dividends, the balance is transferred to Dividends The account is not closed Retained Earnings Revenues The balance in the cash account in the closing process is also known as a Temporary account Nominal account None of the above Permanent account Which of the following accounts will be closed to the retained earnings account at the end of the fiscal year? All of these accounts will be closed Depreciation Expense Rent Expense O Fees Earned Which of the following would not be included in a post-closing trial balance? Unearned Fees Supplies Cash Fees Earned