Which of the following accounts are closed to the owner's capital account? O A. Liabilities and assets OB. Revenues, expenses, and liabilities OC. The owner's withdrawals account and liabilities OD. Income summary and the owner's withdrawals account Scrathon Swin Movers had the following current fatics 221251 28 1 for 2017, 2018, 2019 respective. Which of the following statements most correctly depicts ne change in fquidity? O A Liquidy is deteriorating de to purchasing equiment B. Liquidy is wriproving from calling office supplies. OC. Liquidy is improving due to accounts rentable being collected more quickly D. Liquidity in moving on to chechived in exchange of a long-term note payabi If income summary has a $13,500 debit balance before it is closed to the capital account, the company A. had revenues that exceeded expenses by $13.500 OB. had expenses that were $13,500 less than revenues OC. generated a net income of $13,500 OD. incurred a net loss of $13,500 The consume court had an 8.000 credit balance prior to beng closed to the owner's account. The capital account ad $32,000 begimning balance and a 536 500 ending balance Decentie amount of the wor's withdrawals during the current period A $2.500 OB 14500 OC $5.500 OD 13.500 If the amount of net income for the current period exceeds the amount of the owner's withdrawals, there will be a(n) A. decrease in the owner's capital account B. increase in the cash account OC. decrease in the cash account OD. increase in the owner's capital account