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Which of the following procedures would be classified as a closing procedure?(Several choices may be correct.) Calculating depreciation on machinery Accruing for interest earned but

Which of the following procedures would be classified as a closing procedure?(Several choices may be correct.)

Calculating depreciation on machinery

Accruing for interest earned but not yet recorded

Recording payment of a supplier's invoice

Adjusting the prepaid insurance account for insurance coverage used

Recording cash received for sale of merchandise

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