Why do companies close their books at the end of each accounting period?

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Why do companies “close” their books at the end of each accounting period?

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Financial Statement Analysis And Valuation

ISBN: 9781618532336

5th Edition

Authors: Peter D. Easton, Mary Lea McAnally, Gregory A. Sommers

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Question Posted: Oct 25, 2024 04:02 AM

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Why do companies close their books at the end of each accounting period?

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Financial Statement Analysis And Valuation

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