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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 4: The Accounting Cycle Continued: Preparing Worksheets and Financial Statements
  5. Question
    After Formal Financial Reports Have Been Prepared, Journal Entries and Posting
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After Formal Financial Reports Have Been Prepared, Journal Entries and Posting

Question 52

Question 52

True/False

After formal financial reports have been prepared, journal entries and posting must be completed before the ledger is updated.

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