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Only Temporary Accounts Appear on the Post-Closing Trial Balance

question 173

True/False

Only temporary accounts appear on the post-closing trial balance.


Definitions:

Informed User

A person who is knowledgeable about information systems and information technology.

IT Components

Fundamental parts or elements that make up information technology systems, such as hardware, software, and networks.

IT Platform

An IT platform is a comprehensive set of hardware, software, and support infrastructure that enables development, delivery, and management of digital applications and services.

Data

Facts and statistics collected together for reference or analysis, often used as the basis for making decisions or informing strategies.

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