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The main purpose of adjusting entries is to: Multiple Choice Record external transactions and events. Recof nize transactions and events that are not yet recorded.

The main purpose of adjusting entries is to:

Multiple Choice

Record external transactions and events.

Recof nize transactions and events that are not yet recorded.

Recognize assets purchased during the period.

Recognize debts paid during the period.

Correct errors in the accounting records.

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