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Fill in blank with the proper form

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The accounting process that begins with analyzing and journalizing transactions and ends with the post-closing trial balance is called the （）. Hints: every first letter should be in lower case.

On the work sheet, net income is entered in the Income Statement Credit column as well as the Balance Sheet or Statement of Owner’s Equity Debit column.（）

Withdrawls should not be confused with （）. Hints: fill the blank with the proper form of the accounting elements.

The annual accounting period adopted by a business is known as its （）. Hints: every first letter should be in lower case.