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Q 2-29 Why are adjusting entries necessary? Q 2-30 Why arent all transactions recorded in the gen- eral journal? Q 2-31 Describe the filing deadline

Q 2-29 Why are adjusting entries necessary? Q 2-30 Why arent all transactions recorded in the gen- eral journal? Q 2-31 Describe the filing deadline for Form 10-K. Q 2-32 Identify the usual forms of a business entity and describe the ownership characteristic of each. Q 2-33 Why would the use of insider information be of concern if the market is efficient?

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