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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 5: The Accounting Cycle Completed: Closing and Post-Closing Trial Balance
  5. Question
    When Using Accounting Software, Is It Still Necessary to "Close
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When Using Accounting Software, Is It Still Necessary to "Close

Question 124

Question 124

Essay

When using accounting software, is it still necessary to "close the books" at year-end?

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Recall that the purpose of "closing the ...

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