which of the following statements regarding timing issues associated with closing entries is true?..
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which of the following statements regarding timing issues associated with closing entries is true? a) closing journal entries are recorded at the end of each recording period which could be monthly, quarterly,or annually. b) after closing entries are posted,the balances of the income statement accounts will be 0c) closing entries are made to 0 out the balances of the permanent accounts on the balance sheet.d) after closing all entries are posted, the only temporary account with a balance is the dividends declared account
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