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Author Question: The end-of-period work sheet is completed after adjusting entries have been recorded and posted. a. ... (Read 137 times)

ec501234

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on: Jul 5, 2018
The end-of-period work sheet is completed after adjusting entries have been recorded and posted.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

A postclosing trial balance provides a ________.
 
  A) list of accounts and their debit or credit balances after the temporary accounts have been closed
  B) chronological record of all transactions
  C) list of financial statement line items and their debit or credit balances that is prepared before recording adjusting entries
  D) record of increases and decreases to each account


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sarah_brady415

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Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

A


ec501234

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

juliaf

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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