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Which of the following statements is correct? A . Nominal accounts are income and expense accounts. B . Post - adjustment trial balance is a
Which of the following statements is correct?
A Nominal accounts are income and expense accounts.
B Postadjustment trial balance is a trial balance with errors.
C Postadjustment trial balance is a trial balance with errors.
D The accrual basis of accounting determines the financial position of the entity using the accounting equation.
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