A double rule applied to accounts in the ledger during the closing process implies that
A) the account is an income statement account.
B) the account is a balance sheet account.
C) the account balance is not zero.
D) a mistake has been made, since double ruling is prescribed.

Question

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The Answer of A double rule applied to accounts in the ledger during the closing process implies that
A) the account is an income statement account.
B) the account is a balance sheet account.
C) the account balance is not zero.
D) a mistake has been made, since double ruling is prescribed.

A Double Rule Applied to Accounts in the Ledger During