Accounting Quiz Questions and Answers: Closing entries

Accounting Quiz Questions and Answers: The closing entries. Accounting questions and answers aim to help students to understand the basic accounting principles. Accounting test with answers. Accounting quiz with answers.
At the end of the accounting period, the company makes the accounts ready for the next period. This is called closing the books. In closing the books, the company distinguishes between temporary and permanent accounts.
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Test your knowledge in accounting with a series of multiple choice questions with answers
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