When the Balance Sheet columns of the work sheet are initially footed,they should be in balance.
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Q54: The heading of a work sheet might
Q55: An important use of the work sheet
Q56: The adjusting entries entered onto a work
Q57: The work sheet should be prepared after
Q58: The amount placed opposite the owner's Capital
Q60: The amount of the Withdrawals account can
Q61: Preparation of closing entries
A)is an optional step
Q62: Closing entries are made
A)to clear revenue and
Q63: An important purpose of closing entries is
Q64: An important purpose of closing entries is
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