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The effect of an adjusting entry on the financial statements is usually to:? 1. make the balance sheet balance. 2. increase net income. 3. increase

The effect of an adjusting entry on the financial statements is usually to:?

	1.	make the balance sheet balance.
	2.	increase net income.
	3.	increase the accuracy of both the balance sheet and income statement.
	4.	match revenues and assets
	5.	increase of decrease cash

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