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Chapter 4 focuses on closing the books, which is one of the important steps in the accounting cycle. In addition, this chapter deals with the

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Chapter 4 focuses on closing the books, which is one of the important steps in the accounting cycle. In addition, this chapter deals with the classified balance sheet, which is an important financial report in accounting. It represents a snapshot of company financial position at a specific point in time. You are required to search for and download minimum two appropriate accounting professional articles of your choice from the internet, and use them to answer the following questions (Explain your answers in details, provide real business examples, graphs or tables or any other evidence to support your answer): Chapter 4 focuses on closing the books, which is one of the important steps in the accounting cycle. In addition, this chapter deals with the classified balance sheet, which is an important financial report in accounting. It represents a snapshot of company financial position at a specific point in time. You are required to search for and download minimum two appropriate accounting professional articles of your choice from the internet, and use them to answer the following questions (Explain your answers in details, provide real business examples, graphs or tables or any other evidence to support your answer)

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