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  3. Study Set
    Introduction to Accounting
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    Exam 7: Accounting Information Systems
  5. Question
    Closing Entries Are Necessary to Update The
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Closing Entries Are Necessary to Update The

Question 107

Question 107

Multiple Choice

Closing entries are necessary to update the:


A) income summary account
B) cash account
C) retained earnings account
D) capital stock account

Correct Answer:

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