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Author Question: What is the first account that should be listed in the post-closing trial balance? a. Income ... (Read 109 times)

audragclark

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on: Jul 5, 2018
What is the first account that should be listed in the post-closing trial balance?
 a. Income Summary
  b. Owner, Capital
  c. Cash
  d. Fees Earned

Question 2

The operating budget process generally concludes with the preparation of the ________.
 
  A) production budget
  B) cash flow statement
  C) research and development budget
  D) budgeted income statement


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Jbrasil

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

c

Answer to Question 2

Answer: D


audragclark

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

Dominic

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Reply 3 on: Yesterday
:D TYSM

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