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Using the Annual Report of your selected company answer the following questions in the Discussion: What are adjusting entries and why are they necessary? In

Using the Annual Report of your selected company answer the following questions in the Discussion:

What are adjusting entries and why are they necessary?
In your chosen company, which accounts might require adjusting entries?
Why is it unethical not to record adjusting entries when required? What difference does it make?
Whatisthepurposeofanadjustedtrialbalance?

Please use the link to the Financial report to answer these questions. Thanks.

http://www.flyjacksonville.com/PDFs/CAFR-FY15.pdf

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