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Closing entries are necessary to allow a company to report certain items, such as revenue, for a period of time rather than from the inception

Closing entries are necessary to allow a company to report certain items, such as revenue, for a period of time rather than from the inception of the business. True False
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Closing entries are necessary to allow a company to report certain items, such as revenue, for a period of time rather than from the inception of the business. True False

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