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What Is the Last Step That Must Be Taken Before

Question 22

Multiple Choice

What is the last step that must be taken before a firm's books can be closed for an accounting cycle?


A) The annual reports must be prepared.
B) The journal must be filled out.
C) The information from the journal must be transferred to the ledger.
D) A certified public accountant must attest that generally accepted accounting principles were used.
E) The trial balance must be verified.

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