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Q The a diusted treal lealance reveats unequa debits and credits after closing all ledgers. What is the best stepl to correct this imbolance? Review
Q The a diusted treal lealance reveats unequa debits and credits after closing all ledgers. What is the best stepl to correct this imbolance?
Review and correct all closing entules
Reconcile ccounts receivable and accounts payable
Adjust the income summary accouit
Conduct an audit of the general ledger.
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Cassy JH Budd
11th edition
78025877, 978-0078025877
