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As data flows through a simple accounting system it proceeds from source documents to the general journal to the general ledger, and to the worksheet.

As data flows through a simple accounting system it proceeds from source documents to the general journal to the general ledger, and to the worksheet. What is the final location to which the data flows after being entered within the worksheet?

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  • adjusted trial balance

  • postclosing trial balance

  • financial statements

  • closing entries

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