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Which comes last in the accounting process

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Reference no: EM133007129

Problem 1: Reversing entries are

a. optional.

b. made to record a change in corporate objectives.

c. required by generally accepted accounting principles.

d. made prior to preparing a post-closing trial balance.

Problem 2: Which of the following comes last in the accounting process?

a. preparation of a post-closing trial balance

b. preparation of an adjusted trial balance

c. worksheet preparation

d. journalizing external transactions

Reference no: EM133007129

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