What Is the effect of closing entries on the accounting records: a)the temporary accounts...
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What Is the effect of closing entries on the accounting records: athe temporary accounts will have a zero balance. b the dividends account will have a debit balance c the retained earnings account will have the same balance as of the beginning of the period d all assets accounts will have a zero balance
What Is the effect of closing entries on the accounting records:
athe temporary accounts will have a zero balance.
b the dividends account will have a debit balance
c the retained earnings account will have the same balance as of the beginning of the period
d all assets accounts will have a zero balance
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