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    Accounting Principles
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    Exam 4: Completing the Accounting Cycle
  5. Question
    Closing Entries Are Necessary for
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Closing Entries Are Necessary for

Question 119

Question 119

Multiple Choice

Closing entries are necessary for


A) permanent accounts only.
B) temporary accounts only.
C) both permanent and temporary accounts.
D) permanent or real accounts only.

Correct Answer:

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