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    Exam 4: Accrual Accounting Concepts
  5. Question
    The Closing Entry Process Consists of Closing
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The Closing Entry Process Consists of Closing

Question 50

Question 50

Multiple Choice

The closing entry process consists of closing


A) all asset and liability accounts.
B) the Retained Earnings account.
C) all permanent accounts.
D) all temporary accounts.

Correct Answer:

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