Why don't accountants keep all the accounts at their proper balances continuously throughout the period so that

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Why don't accountants keep all the accounts at their proper balances continuously throughout the period so that adjusting entries would not have to be made before financial statements are prepared?

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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Question Posted: Jun 14, 2024 01:40 AM

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Why don't accountants keep all the accounts at their proper balances continuously throughout the period so that

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Financial Accounting A Business Perspective

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