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Assume that a company has prepared and posted its closing entries. Which of the following statements is true?a. All revenue accounts will have zero balances
Assume that a company has prepared and posted its closing entries. Which of the following statements is true?a. All revenue accounts will have zero balances b. All expense accounts will have zero balances c. All asset and liability accounts will have zero balances d. All revenues accounts, expense accounts, and the dividends account will have zero balances.
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