What is the impact on the financial statements of missing a, Accounting Basics

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What is the impact on the financial statements of missing a

What is the impact on the financial statements of missing a step when completing the accounting cycle? Is a mistake on the income statement more damaging than a mistake on the balance sheet? Why or why not? How do we insure that mistakes do not happen in the closing process?

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Accounting Basics: What is the impact on the financial statements of missing a

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Accounting Basics: What is the impact on the financial statements of missing a

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