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Adjusting entries are Multiple Choice Used only by company's employing a cash basis of accounting O Needed to properly measure a period's income Commonly
Adjusting entries are Multiple Choice Used only by company's employing a cash basis of accounting O Needed to properly measure a period's income Commonly called closing entries Prepared after the financial statements are prepared
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Core Concepts of Accounting
Authors: Cecily A. Raiborn
2nd edition
470499478, 978-0470499474
