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Match the terms in Column I with the descriptions in Column II. post-closing trial balance income summary collecting and verifying source documents the basic accounting
Match the terms in Column I with the descriptions in Column II.
- post-closing trial balance
- income summary
- collecting and verifying source documents
- the basic accounting cycle
- transferring from a journal to ledger
A. zero balance
B. posting
C. last step in the accounting cycle
D. first step in the accounting cycle
E. the same for all businesses
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