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Can you explain Which of the following statements regarding adjusting entire is true a.cash is never part of an accrual or deferral adjusting journal entry
Can you explain
Which of the following statements regarding adjusting entire is true
a.cash is never part of an accrual or deferral adjusting journal entry
b. Adjusting entries effect one balance sheet account
c. Adjusting entries affect one income statement account
d. Adjusting entries affect one income statement or one balance sheet account
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