Some Entities Adjust Their Accounts And Close Their Books Only On An Annual Basis….

Some entities adjust their accounts and close their books only on an annual basis. For these firms,

a. worksheets are not needed.

b. worksheets are prepared only on an annual basis.

c. worksheets are not prepared.

Answer:

b

Step-by-step explanation:

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Some Entities Adjust Their Accounts And Close Their Books Only On An Annual Basis….

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