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Business, 20.08.2021 19:10 RKT28

Explain your understanding of the closing process by choosing the correct statements below. (Check all that apply.) Multiple select question. the closing process is a helpful step in preparing financial statements. the closing process resets the balances in temporary accounts to zero. the closing process helps to summarize a period's revenues and expenses. the closing process helps to determine a company's liquidity.

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