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    Accounting Study Set 3
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    Exam 5: Completing the Accounting Cycle Closing and Reversing Entries
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    Accounting Entries Made to Reduce the Temporary Accounts to Zero
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Accounting Entries Made to Reduce the Temporary Accounts to Zero

Question 49

Question 49

Multiple Choice

Accounting entries made to reduce the temporary accounts to zero balances are known as:


A) correcting entries.
B) adjusting entries.
C) reversing entries.
D) closing entries.

Correct Answer:

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