Which of these accounts is not included in the post closing trial balance? notes payable owner's draws owner's capital O land

What is the owner’s right to the assets (claims to the assets) of the business called? Group of answer choices cash revenue accounts receivable owner’s equity or capital

Is depreciation expense closed? If so, is it closed to income summary like the other expense accounts?

What is the liability created by receiving revenue in advance called (before it is actually earned)? Group of answer choices accrued reveneu prepaid expense unearned revenue accrued expense

Which of the following entries properly closes a temporary account? Select one: a. Income Summary XX Cash b. C. Debit Credit Expense Accumulated Depreciation XX Income Summary Income Summary d. e. XX Retained Earnings XX Dividends Debit Credit Debit Credit XX Debit Credit Income Summary XX Revenue XX XX Debit Credit XX XX

How is the account Land classified and what kind of balance should it have? Group of answer choices fixed, credit current asset, debit fixed, debit current asset, credit

the property acquired by assuing notes payanle is incorrect