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Accounts are transferred to the permanent owner's equity account

" FOR MORE CLASSES VISIT<br>www.tutorialoutlet.com<br>1. Actually counting the goods on hand at the end of the accounting period and determining the cost of<br>these goods by reviewing the accounting records is called"<br>

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Accounts are transferred to the permanent owner's equity account

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  1. ACCOUNTS ARE TRANSFERRED TO THE PERMANENT OWNER'S EQUITY ACCOUNTTUTORIALOUTLET.COM

  2. Accounts are transferred to the permanent owner's equity account FOR MORE CLASSES VISIT www.tutorialoutlet.com • 1. Actually counting the goods on hand at the end of the accounting period and determining the cost ofthese goods by reviewing the accounting records is called2. Unearned revenue is reported as a(n)3. The income summary account, after adjusting entries are posted, reflects the

  3. ACCOUNTS ARE TRANSFERRED TO THE PERMANENT OWNER'S EQUITY ACCOUNTTUTORIALOUTLET.COM

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