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Question 92

A company chooses to not import historical trial balances. Which method can be used to reflect their current General Ledger?

    Correct Answer: D

    To reflect the current General Ledger without importing historical trial balances, entering Opening Balances is the appropriate method. This approach involves recording the initial balances for all accounts as of the go-live date, providing a starting point for ongoing financial transactions and reports.

Discussion
nickzxiOption: D

ans - D