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  3. Study Set
    Fundamental Financial Accounting Concepts
  4. Exam
    Exam 2: Understanding the Accounting Cycle
  5. Question
    In the Closing Process,the Amounts in Temporary Accounts Are Moved
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In the Closing Process,the Amounts in Temporary Accounts Are Moved

Question 133

Question 133

True/False

In the closing process,the amounts in temporary accounts are moved to net income,a permanent account.

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