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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 19
Indicate all correct answers.n the accounting cycle:
a.ransactions are posted before they are journalized.
b. trial balance is prepared after journal entries have been posted.
c.he Retained Earnings account is not shown as an upto- date figure in the trial balance.
d.ournal entries are posted to appropriate ledger accounts.
a.ransactions are posted before they are journalized.
b. trial balance is prepared after journal entries have been posted.
c.he Retained Earnings account is not shown as an upto- date figure in the trial balance.
d.ournal entries are posted to appropriate ledger accounts.
Explanation
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Accounting Cycle:
Accounting cycle prov...
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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