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4 of 25 Caesars Company's trial balance contains the following balances: Cash Accounts Receivable S380 Revenue Accounts Payable Expenses What is the total amount of
4 of 25 Caesars Company's trial balance contains the following balances: Cash Accounts Receivable S380 Revenue Accounts Payable Expenses What is the total amount of debits for this trial balance? 5423 5725 5287 5209 O 51,299 51,012 O $1,528 O 5496 5 of 25 Dividends are paid with cash to shareholders. Dividends are found in which category of the chart of accounts? Liabilities O Revenue O Stockholders' Equity O Assets 6 of 25 Once you post a transaction to the general ledger, you must go back to the general journal and fill in the O posting reference column with the account number of the posting account name that was involved in the transaction. O date. amount debited or credited. 7 of 25 Closing entries are prepared for which of the following reasons? To get the accounts ready for the next accounting period To get the worksheet ready for the next accounting period To get the financial statements ready for the next accounting period To get the journal ready for the next accounting period
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