which of the following statement is true about closing the books in proprietorship

na Wiebe: Attempt 1 Question 1 (1 point) Saved Which of the following is a true statement about closing the books of a proprietorship? Expenses are closed to the owner's drawings account Only revenues are closed to the Income Summary account Only revenues and expenses are closed to the Income Summary account. Revenues, expenses, and the owner's drawings account are closed to the Income Summary account Question 2 (1 point) Saved Closing entries are made