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a) How is profit or loss reflected on the worksheet? b) Give two examples of when adjusting entries are needed, show the proper entry and

a) How is profit or loss reflected on the worksheet?

b) Give two examples of when adjusting entries are needed, show the proper entry and explain why they are required.

c) How do you determine where the balance sheet begins and ends on the worksheet?

There is no specific worksheet, It was just asking about the worksheet in general.

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