In reviewing the accounts of Marylee Co. at the end of the year, you discover that adjusting

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

\section*{Instructions}

Write a memorandum to Mary Lee Virgil, the owner of Marylee Co., that explains the nature and purpose of adjusting entries, why adjusting entries are needed, and the types of adjusting entries that may be made.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jun 13, 2024 02:07 AM

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In reviewing the accounts of Marylee Co. at the end of the year, you discover that adjusting

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Financial Accounting Tools For Business Decision Making

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