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    Business
  3. Study Set
    Financial and Managerial Accounting Study Set 8
  4. Exam
    Exam 5: The Accounting Cycle: Reporting Financial Results
  5. Question
    Real Accounts Can Only Be Closed at the End of the Year
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Real Accounts Can Only Be Closed at the End of the Year

Question 26

Question 26

True/False

Real accounts can only be closed at the end of the year with a single compound entry.

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