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Business, 09.07.2019 01:20 logannnnnnnnn56

Which of the following statements is true? multiple choice owner's capital must be closed each accounting period. a post-closing trial balance should include only permanent accounts. information on the work sheet can be used in place of preparing financial statements. by using a work sheet to prepare adjusting entries you need not post these entries to the ledger accounts. closing entries are only necessary if errors have been made.

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