After recording adjusting and closing processes that makeup

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After recording, adjusting, and closing processes that makeup the accounting information system, you may have noticed there seems to some redundancy in that a trial balance, an adjusted trial balance, and a post-closing trial balance are prepared.What is the point of all this work? Wouldn%u2019t it be simpler, easier, and less work, just to prepare a post-closing trial balance? Explain.

Reference no: EM13581526

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