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  3. Study Set
    Financial Accounting Study Set 13
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    Exam 4: Adjustments,financial Statements,and the Quality of Earnings
  5. Question
    To Close Temporary Accounts,credit Each Revenue and Gain Account,debit Each
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To Close Temporary Accounts,credit Each Revenue and Gain Account,debit Each

Question 57

Question 57

True/False

To close temporary accounts,credit each revenue and gain account,debit each expense and loss account,and record the difference to Retained Earnings.

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