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...and reporting. 18 aining Time: 1 hour, 17 minutes, 15 seconds. estion Completion Status: QUESTION 10 When preparing Post-Closing Trial Balance, total debits must always

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...and reporting.

18 aining Time: 1 hour, 17 minutes, 15 seconds. estion Completion Status: QUESTION 10 When preparing Post-Closing Trial Balance, total debits must always be greater than total credits O True O False QUESTION 11 If a company plans to continue doing business in the future, closing entries will not be required. O True O False The four accounting principles are: going concern, revenue recognition, materiality, and repor O True O False

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