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The most common hereditary abnormality is
Closing
The process of finalizing accounts at the end of an accounting period to prepare them for the next period.
Post-closing Trial Balance
A list of all permanent accounts and their balances after closing entries are made, used to check the balance and prepare for the new accounting period.
Proper Form
Compliance with established rules and guidelines, ensuring correctness in structure or procedure.
Closing
The process at the end of an accounting period where all financial statements are finalized and all temporary accounts are closed to prepare for the next accounting period.
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