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Free Exam: Accounting 12 Chapter 4 ALL

Number of Questions in Test: 64
Number of Questions in Preview: 5
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Question 1

Closing entries are made

Type: Multiple choice
Points: 1
Randomize answers: Yes

Question 2

Closing entries are

Type: Multiple choice
Points: 1
Randomize answers: Yes

Question 3

The Owner's Capital account

Type: Multiple choice
Points: 1
Randomize answers: Yes

Question 4

Which of the following is an example of a temporary account that will be closed to Owner's Capital at the end of the accounting period?

Type: Multiple choice
Points: 1
Randomize answers: Yes

Question 5

Closing entries are journalized and posted

Type: Multiple choice
Points: 1
Randomize answers: Yes

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