In reviewing the accounts of Kelli Taylor Co. at the end of the year, you discover that

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In reviewing the accounts of Kelli Taylor Co. at the end of the year, you discover that adjusting entries have not been made.


Instructions
Write a memo to Kelli Taylor, the owner of Kelli Taylor Co., that explains the following: the nature and purpose of adjusting entries, why adjusting entries are needed, and examples of adjusting entries that may be made.

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College Accounting

ISBN: 1986

1st Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell

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