400 Closing Entries Presentations Topics, 400 Accounting Resources, 400 Lecture List 402 Closing Process Explained 404 Closing Process Step 1 of 4 / Journal Entry 1 of 4 406 Closing Step 2 of 4 / Journal Entry 2 of 4 408 Closing Entries Journal Entry 3 of 4 Step 3 Income summary 410 Closing Process Step 4 of 4 Closing Journal Entry Draws or Withdraws