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Which of the following is not true about closing entries? a . There are two closing entries that update the retained earnings account. b .

Which of the following is not true about closing entries?
a. There are two closing entries that update the retained earnings account.
b. All real accounts are closed at the end of the period.
c. The closing entries are dated the last day of the accounting period.
d. By closing nominal accounts at the end of the period to zero, it is possible to isolate next period's information correctly.
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