Closing entries are prepared a. to clear all temporary accounts to zero. b. to update the capital balance. c. at the end of the accounting period. d. all of the above

Reading tests are compared for two students. sara got 98, 100, 65, 78, 98, 46, 100, 100, 45, and 50 on her reading test. lee got 97, 67, 89, 99, 100, 45, 79, 89, 58, and 67 on his reading test.