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Which Accounts Described Below Would Have Non-Zero Balances After the Accounts

Question 1

Multiple Choice

Which accounts described below would have non-zero balances after the accounts are closed in the general fund of a state or local government? Which accounts described below would have non-zero balances after the accounts are closed in the general fund of a state or local government? A) I, II, III. B) I, II, IV. C) IV, V, VI. D) III, IV, V.


A) I, II, III.
B) I, II, IV.
C) IV, V, VI.
D) III, IV, V.

Correct Answer:

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