Which of the following is correct about adjusting entries? a. Adjusting entries never affect cash b. Adjusting

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Which of the following is correct about adjusting entries?

a. Adjusting entries never affect cash

b. Adjusting entries always affect cash

c. Both A and B are true.

d. Neither A nor B are true.

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Fundamental Accounting Principles Volume I

ISBN: 978-1260305821

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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