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Exercise 9-4 interest-bearing notes payable with closing adjustment.
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Assets, liabilities, and owner's capital are real accounts and do not get closed at the end of the period. a. True b. False a. True Any 12-month accounting period adopted by a company is known as its fiscal year.
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Accounting Chapter 4 Homework STUDY Flashcards Learn Write Spell Test PLAY Match Gravity Created by abbyabby430 Terms in this set (26) Once the adjusted trial balance is in balance, the flow of accounts will now go into the financial statements. a. True b. False a. True
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23.10.2021 07:04
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26.10.2021 11:34
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