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ACCT/510 ACCT510 ACCT 510 CHAPTER 4 PART 1 CHAPTER STUDY OBJECTIVES 1. Prepare a worksheet. 2. Explain the process of closing the books. 3. Describe the content and purpose of a post-closing trial balance. 4. State the required steps in the accounting cycle. 5. Explain the approaches to preparing correcting entries. 4 - 4 Test Bank for Accounting Principles, Eighth Edition 6. Identify the sections of a classified balance sheet. a7. Prepare reversing entries.
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ACCT/510 ACCT510 ACCT 510 CHAPTER 4 PART 1
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