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After reviewing a client's books, there is an amount in the Opening Balance Equity account that was not there before. What is a possible cause?
After reviewing a client's books, there is an amount in the Opening Balance Equity account that was not there before.
What is a possible cause?
AThey inactivated an expense account that had a balance in it
BThey inactivated an inventory item that has a quantity on hand
CThey inactivated a Balance Sheet account that had a balance in it
DThey forced a bank reconciliation when the difference was not zero
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