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CHAPTER 4. 1.Explain the Revenue Recognition Principle and the Expense Recognition Principle. Expense Recognition principle is .continue. 2.Why is there need for adjusting entries. 1.Adjusting

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CHAPTER 4. 1.Explain the Revenue Recognition Principle and the Expense Recognition Principle. Expense Recognition principle is .continue. 2.Why is there need for adjusting entries. 1.Adjusting entries are required every time a company prepares financial statements. Please continue

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