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Q: If you use an end-of-period spreadsheet (work sheet), why do you still have to prepare the financial statements? Isnt all the information the user
Q: If you use an end-of-period spreadsheet (work sheet), why do you still have to prepare the financial statements? Isnt all the information the user needs on the spreadsheet?
Q: Why do we use the income summary account each month to clear out the revenue and expense accounts?
Q: Does anyone make manual entries anymore or even keep a manual set of books?
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