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An error has occurred in the closing entry process if none of these answers are correct revenue and expense accounts have zero balances. the balance
An error has occurred in the closing entry process if
none of these answers are correct
revenue and expense accounts have zero balances.
the balance sheet accounts have zero balances.
the Dividends account is closed to the Retained Earnings account.
the Retained Earnings account is credited for the amount of net income.
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