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In Double-Entry Bookkeeping,after Gathering Together and Analyzing Source Documents and Recording

Question 22

Multiple Choice

In double-entry bookkeeping,after gathering together and analyzing source documents and recording each financial transaction in a journal,a financial manager,bookkeeper,or accountant next


A) closes out the books.
B) posts transactions in a journal.
C) posts transactions in a ledger.
D) prepares a trial balance.
E) balances the accounting equation.

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