Hello all, I am in need of some help. What are the steps in the closing process?How

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Hello all, I am in need of some help. What are the steps in the closing process?How and why is the income summary account used in this process?Are all accounts closed out or just certain accounts?Why?What final step do we complete to ensure the accounts are still in balance after closing?

Posted Date: Jun 13, 2024 10:27 PM

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Hello all, I am in need of some help. What are the steps in the closing process?How

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