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Knowledge Check 01 Why are adjustments made to the accounting records at the end of the period? (You may select more than one answer.

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Knowledge Check 01 Why are adjustments made to the accounting records at the end of the period? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) To ensure assets and liabilities are reported at appropriate amounts 7 To ensure the related revenues and expenses are reported in the proper period To better match the recording of revenue with the receipt of cash To better match the recording of expenses with the payments of cash ? To record the recurring daily transactions

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