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    Financial Accounting Study Set 17
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    Exam 3: The Accounting Cycle: End of the Period
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    After Closing Entries Are Posted to the Accounts in the General
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After Closing Entries Are Posted to the Accounts in the General

Question 166

Question 166

True/False

After closing entries are posted to the accounts in the general ledger,all asset and liability accounts have a balance of zero.

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