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-Describe adjusting entries, including when they are made, why they are necessary and general rules about what types accounts are and are not involved. Describe
-Describe adjusting entries, including when they are made, why they are necessary and general rules about what types accounts are and are not involved.
Describe the two main categories of adjusting entries and the two subcategories with in each. Identify the similarities and differences among the four types of adjusting entries and what type of accounts are affected in each.
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