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At the end of each accounting period, the dollar amounts in all the revenue and expense accounts are moved into an account called Multiple Choice
At the end of each accounting period, the dollar amounts in all the revenue and expense accounts are moved into an account called
Multiple Choice
retained earnings.
retained expense.
interest expense.
net expense.
net earnings.
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
