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Using the following information, what is the amount of net sales? $28,970$63,130$63,000$62,090 Question 57 (1.67 points) The post-closing trial balance will generally have fewer accounts
Using the following information, what is the amount of net sales? $28,970$63,130$63,000$62,090 Question 57 (1.67 points) The post-closing trial balance will generally have fewer accounts than the adjusted trial balance. True False During the end-of-period processing which of the following best describes the logical order of this process Preparation of adjustments, adjusted trial balance, financial statements Preparation of Income Statement, adjusted trial balance, Balance Sheet Preparation of adjusted trial balance, cross-referencing, journalizing Preparation of adjustments, adjusted trial balance, posting Question 55 (1.67 points) Assets, liabilities, and owner's capital are real accounts and do not get closed at the end of the period. True False
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