ACC 280 Week 3 DQ 2

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Week 3 DQ 2

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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    ACC 280 Week 3 DQ 2
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