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    Principles of Accounting Study Set 1
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    Exam 4: Completing the Accounting Cycle
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    Which of the Following Items Is Associated with the Purpose
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Which of the Following Items Is Associated with the Purpose

Question 179

Question 179

Multiple Choice

Which of the following items is associated with the purpose of the closing entries?


A) Recording adjusting entries.
B) Preparing financial statements.
C) Preparing budgets.
D) Recording closing entries.

Correct Answer:

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