58 the trial balance can be used to review account balances and to balances to exter 4312270

58 the trial balance can be used to review account balances and to balances to exter 4312270

58) The Trial Balance can be used to review account balances and to ________ balances to external documents such as bank statements.

59) Financial statements include the Income Statement, ________, Statement of Retained Earnings, and Cash Flow Statement.

60) One of the last steps to perform after issuing financial statements is to:

A) leave the accounting period open to protect the integrity of reported results.

B) close the accounting period to protect the integrity of reported results.

C) adjust temporary accounts.

D) none of the above.

61) A computerized system protects ________ because data is entered only once and the software calculates account balances.

1

Looking for a similar assignment? Get help from our qualified experts!

Order Now

Related Posts