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QUESTION 17 What is the purpose of adjusting entries? O To adjust accounting records to the correct balance To adjust cash to reflect future borrowings

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QUESTION 17 What is the purpose of adjusting entries? O To adjust accounting records to the correct balance To adjust cash to reflect future borrowings To adjust cash to reflect the same number as net income To adjust income to what the owner wants QUESTION 18 Primary users of accounting information are accountants. True False

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