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11. Steve is preparing the Post-Closing Trial Balance. After he has written “Post Closing Trial Balance” in the heading section, what will he do NEXT?
C. Write the account titles of all general ledger accounts that have balances in the Account Title column
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What must be equal in a post closing trial balance
total debts and credits
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1. The financial accounting cycle ends with: a) The production of financial statement b) The production of a post closing trial balance c) The production of an adjusted trial balance d) Development of cash forecasts
b) The production of a post closing trial balance
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