What Is the Correct Order for the Steps in the Closing

Multiple Choice

What is the correct order for the steps in the closing process?
I Transfer the profit or loss to the owner's capital account
II Balance the owner's capital account
III Close the drawings account to the owner's capital account
IV Close the income and expense accounts to the profit or loss summary account

A) III, IV, II, I
B) I, II, III, IV
C) IV, III, I, II
D) IV, III, II, I