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Acctg I - Ch 9

Maplewood Rice Acctg Vocab Ch 9

QuestionAnswer
Journal entries recorded to update general ledger accounts adjusting entries
Accounts used to accumulate information from one fiscal period to the next permanent accounts
Accounts used to accumulate information until is it transferred to owner's capital account temporary accounts
Journal entries used to prepare temporary accounts for a new fiscal period closing entries
A trial balance prepared after closing entries are posted post-closing trial balance
The series of accounting activities included in a fiscal period accounting cycle
Popular Accounting sets

 

 



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