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Which of the following is true regarding closing entries and the post closing trial balance?
A. Permanent accounts are closed and the post-closing trial balance includes only income statement accounts.
B. Permanent accounts are closed and the post-closing trial balance includes only balance sheet accounts.
C. Temporary accounts are closed and the post-closing trial balance includes only income statement accounts.
D. Temporary accounts are closed and the post-closing trial balance includes only balance sheet accounts.
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