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When a Business Owner invests capital into the business, this is an example of what type of activity? Select one: O a. investing activities. b.

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When a Business Owner invests capital into the business, this is an example of what type of activity? Select one: O a. investing activities. b. investing activities. O c. financing activities. d. investing activities. Which trial balance will consist of the greatest number of accounts? Select one: a. Post-closing trial balance b. Undajusted Trial balance c. Adjusted trial balance Od. Accounting Trial Balance The accounting principle upon which deferrals and accruals are based is Select one: O a. going concern b. cost Oc time period od matching Which of the following is true of the first closing entry? Select one: a. Retained Earnings is not involved in the entry. b. Retained Earnings is always debited. c. Retained Earnings is always credited. d. Retained Earnings may be debited credited or

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