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29 30 Which of the following statements is true regarding adjusting entries? Adjusting entries are made at the beginning of the accounting period. Adjusting entries

29 30

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Which of the following statements is true regarding adjusting entries? Adjusting entries are made at the beginning of the accounting period. Adjusting entries do not affect the income statement. An adjusting entry involves both a revenue and an expense. Adjusting entries do not involve the cash account

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