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don3) 300-700 words Adjusting and Closing Process Discuss the adjusting and closing processes. Provide at least two examples of adjusting entries. How are the revenue

don3) 300-700 words

Adjusting and Closing Process

Discuss the adjusting and closing processes. Provide at least two examples of adjusting entries. How are the revenue recognition and matching principles involved? Describe the differences between the unadjusted, adjusted, and post-closing trial balances.

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