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3 Written questions

3 Multiple choice questions

  1. accounts used to accumulate information from one fiscal period to the next
  2. accounts used to accumulate information until it is transferred to the owner's capital account
  3. A trial balance prepared after the closing entries are posted

2 True/False questions

  1. Component Percentageaccounts used to accumulate information from one fiscal period to the next

          

  2. Accounting cycleThe series of accounting activities included in recording financial information for a fiscal period

          

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