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ACCT 212 Week 8 Final Exam

ACCT 212 Week 8 Final Exam TCO 3 At the end of the period it is necessary to close all temporary accounts 1 Explain why this process is required 10 points and 2 provide an example of the closing of an expense account Salary Expense in the form of a journal entry 10 points Points 2 TCO 2 As required to complete Course Project 1 one must follow the cycle that includes 10 steps to complete the accounting cycle 1 Explain how the debit credit rules

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