Which of the Following Statements Regarding Timing Issues Associated with Closing

Which of the following statements regarding timing issues associated with closing entries is true?

A) Closing journal entries are recorded at the end of each reporting period which could be monthly, quarterly or annually.
B) After closing entries are posted, the balances of the income statement accounts will be zero.
C) Closing entries are made to zero out the balances of the permanent accounts on the balance sheet.
D) After closing entries are posted, the only temporary account with a balance is the Dividends Declared