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There are essentially four phases to the accounting cycle: journal entries, adjusting journal entries, financial statements and closing entries. Why are all of these entries
There are essentially four phases to the accounting cycle: journal entries, adjusting journal entries, financial statements and closing entries. Why are all of these entries necessary, and what is the ultimate purpose of creating financial statements?
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
