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    Financial and Managerial Accounting Study Set 8
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    Exam 5: The Accounting Cycle: Reporting Financial Results
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    The Adjusted Trial Balance Contains Income Statement Accounts and Balance
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The Adjusted Trial Balance Contains Income Statement Accounts and Balance

Question 55

Question 55

True/False

The adjusted trial balance contains income statement accounts and balance sheet accounts,while the after-closing trial balance will only have balance sheet accounts.

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