Answered: Making closing entries using accounting…

Making closing entries using accounting software or cloud-based accounting applications, such as QuickBooks Online, is frequently an automatic procedure. Select one: True False

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter8: Recording Closing Entries And Preparing A Post-closing Trial Balance For A Service Business

Section: Chapter Questions

Problem 1AFE

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Making closing entries using accounting software or cloud-based accounting applications, such as QuickBooks Online, is frequently an automatic procedure.

Select one:

True

False

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