Accountıng I Deneme Sınavı Sorusu #1313732
Which one of the following should be prepared at the ending step in the accounting cycle?
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Income statement |
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Classified balance sheet |
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Balance sheet |
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Income summary account |
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Post-closing trial balance |
Yanıt Açıklaması:
After closing of revenue accounts,expense accounts and Income Summary account, it is timeto prepare post-closing trial balance as the ending step in the accounting cycle.
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