Question: The steps in the closing process are listed on the right. Match them to the correct order in which they would be performed (on the
The steps in the closing process are listed on the right. Match them to the correct order in which they would be performed (on the left).
Instructions
Step #1
Step #1 drop zone empty.
Step #2
Step #2 drop zone empty.
Step #3
Step #3 drop zone empty.
Journalize and post closing entries.
Prepare a post closing trial balance.
Identify accounts to be closed.
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