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  3. closing entries do not: a.update the inventory ac

closing entries do not: a.update the Inventory account. b.update the Retained Earnings account....

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Question

Accounting

closing entries do not:

a.update the Inventory account.

b.update the Retained Earnings account.

c.apportion prepaid expenses and unearned revenues to bring the accounts up to date.

d.all temporary accounts to zero.

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