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    Fundamental Accounting Principles Study Set 5
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    Exam 4: Completing the Accounting Cycle
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    A Company's Post-Closing Trial Balance Has Total Debits of $40,350
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A Company's Post-Closing Trial Balance Has Total Debits of $40,350

Question 28

Question 28

True/False

A company's post-closing trial balance has total debits of $40,350 and total credits of $40,650. Accordingly, the company should review for errors in the closing process.

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