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Which of the following statements is correct? Multiple Choice a Preparation of the postclosing trial balance is the last step in the end-of-period routine. b

Which of the following statements is correct? Multiple Choice a Preparation of the postclosing trial balance is the last step in the end-of-period routine. b The Balance Sheet section of the worksheet contains the data that is used to make closing entries. c The balance of the owner's drawing account will appear on the postclosing trial balance. d Closing entries are entered directly on the worksheet

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