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5 pts Question 37 Match the items in the left column with those in the right column. Work Sheet [Choose Closing Entries [Choose) A Clearing

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5 pts Question 37 Match the items in the left column with those in the right column. Work Sheet [Choose Closing Entries [Choose) A Clearing Account for revenues and expenses Indication of debt-paying ability of a firm A temporary contra-equity account Very important accounting tool that is at the heart of the accounting process Purpose is to update Retained Earnings Current Ratio Dividends Income Summary [Choose] Question 37 5 pts Match the items in the left column with those in the right column. Work Sheet [Choose Closing Entries Current Ratio [Choose Choose A Clearing Account for revenues and expenses Indication of debt paying ability of a form A temporary contra-equity account Very important accounting tool that is at the heart of the accounting process Purpose is to update Retained Earnings Dividends Income Summary 5 pts Question 37 Match the items in the left column with those in the right column Work Sheet Choose Closing Entries Choose Current Ratio Dividends Choose) Choose) A Clearing Account for revenues and expenses Indication of debt-paying ability of a firm A temporary contra-equity account Very important accounting tool that is at the heart of the accounting process Purpose is to update Retained Earnings Income Summary 5 pts Question 37 Match the items in the left column with those in the right column. Work Sheet Closing Entries Choose) A Clearing Account for revenues and expenses Indication of debt-paying ability of a firm A temporary contra-equity account Very important accounting tool that is at the heart of the accounting process Purpose is to update Retained Earnings [Choose Current Ratio Dividends Income Summary [Choose 5 pts Question 37 Match the items in the left column with those in the right column. Work Sheet [Choose] Closing Entries Current Ratio [Choose] A Clearing Account for revenues and expenses Indication of debt-paying ability of a firm A temporary contra-equity account Very important accounting tool that is at the heart of the accounting process Purpose is to update Retained Earnings [Choose Dividends Income Summary

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