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Journalizing and posting closing entries

Journalizing and posting closing entries 



Journalizing and posting closing entries is a required step in the accounting cycle. Discuss why it is necessary to close the books at the end of an accounting period. If closing entries were not made, how would the preparation of financial statements be affected?



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01 Apr 2016

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    Journalizing and posting closing entries

    Journalizing and posting closing entries Journalizing and ****** ******
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