23. A calendar year accounting period is: Any 12 months beginning on the first day of a month and ending on the last day of the month before that date in the next year The 12-month period from January 1 to December 31 Any 52-53 week period selected None of these

23. A calendar year accounting period is: Any 12 months beginning on the first day of a month and ending on the last day of the month before that date in the next year The 12-month period from January 1 to December 31 Any 52-53 week period selected None of these

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter5: Closing Entries And The Post-closing Trial Balance

Section: Chapter Questions

Problem 6QY

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Question

23. A calendar year accounting period is:
Any 12 months beginning on the first day of a month and ending on the last day
of the month before that date in the next year
The 12-month period from January 1 to December 31
Any 52-53 week period selected
None of these

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