Question
What is the goal of the closing process? A. To move all equity accounts to Retained Earnings B. To move all income statement and dividend
What is the goal of the closing process?
A. To move all equity accounts to Retained Earnings
B. To move all income statement and dividend accounts to Retained Earnings
C. To end the accounting period with a profit
D. To verify that all adjustments have been made
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Principles Of Taxation For Business And Investment Planning 2023
Authors: Sally Jones, Shelley Rhoades-Catanach, Sandra Callaghan, Thomas Kubick
26th Edition
1264229747, 978-1264229741
