Based on the information provided, here's a review of the statements regarding completing the accounting cycle:
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The accounts require a closing entry at the end of the accounting cycle.
True. Temporary accounts, which include revenue, expense, and dividends accounts, require closing entries to transfer their balances to retained earnings at the end of the accounting cycle. -
The above accounts begin each new accounting cycle at zero.
True. Temporary accounts reset to zero at the beginning of each new accounting cycle after the closing entries are made. -
The accounts above are temporary accounts.
This statement is likely true based on context. If "the accounts above" refers to the accounts involved in the closing process (revenues, expenses, dividends), then they are indeed temporary accounts. -
Permanent accounts are not closed at the end of the accounting cycle.
True. Permanent accounts, such as assets, liabilities, and equity accounts, carry their balances forward into the next accounting period and are not closed at the end of the accounting cycle.
In summary, all the statements provided about completing the accounting cycle and the nature of the accounts are true, assuming "the accounts above" refers to the temporary accounts (revenue, expense, dividends) typically involved in the closing process.