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Which of the following is NOT a correct statement about adjusting entries? Question 27 options: A) Adjusting entries are posted before the adjusted trial balance

Which of the following is NOT a correct statement about adjusting entries?

Question 27 options:

A)

Adjusting entries are posted before the adjusted trial balance is prepared.

B)

Every adjusting entry affects the balance sheet.

C)

Every adjusting entry affects cash.

D)

Every adjusting entry affects net income.

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