When a business closes its accounts only at year-end A financial statements are...
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Accounting
When a business closes its accounts only at yearend A financial statements are prepared only at yearend B adjusting entries are made only at yearend C revenue and expense accounts reflect yeartodate amounts throughout the year D monthly and quarterly financial statements cannot be prepared 
When a business closes its accounts only at yearend
A
financial statements are prepared only at yearend
B
adjusting entries are made only at yearend
C
revenue and expense accounts reflect yeartodate amounts throughout the year
D
monthly and quarterly financial statements cannot be prepared
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