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Preparation of Interim financlal statements: Multiple Choice Is done monthly or quarterly or in - between the year - end financlal statements. Requires the journalizing

Preparation of Interim financlal statements:

Multiple Choice

Is done monthly or quarterly or in

-

between the year

-

end financlal statements.

Requires the journalizing and posting of closing entrles.

Makes the preparation of year

-

end financlal statements unnecessary.

Requires the journalizing and posting of adjusting entries.

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