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25- During the month-end closing process, which of the following sets of accounts should be reconciled? A-AP, AR, Commissions Payable, Petty Cash. B-AP, AR, Commission
25- During the month-end closing process, which of the following sets of accounts should be reconciled?
A-AP, AR, Commissions Payable, Petty Cash.
B-AP, AR, Commission Expense, Petty Cash.
C-AR, Sales, Commissions, Cash, Fixed Assets.
D-AP, Commission Payable, Fixed Assets, Cost of Goods Sold.
E-All Account should be cross- Checked against the supporting documents.
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