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  3. Study Set
    Accounting Study Set 3
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    Exam 5: Completing the Accounting Cycle Closing and Reversing Entries
  5. Question
    In the Closing Process Which Accounts Are Closed
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In the Closing Process Which Accounts Are Closed

Question 39

Question 39

Multiple Choice

In the closing process which accounts are closed?


A) All ledger accounts
B) All asset, liability and equity accounts
C) All income and expense accounts
D) All accounts that have been adjusted

Correct Answer:

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