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Which of the following statements is(are) true? Adjusting entries are entered into the journal but are not posted to the ledger. OTwo of the other

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Which of the following statements is(are) true? Adjusting entries are entered into the journal but are not posted to the ledger. OTwo of the other statements are true. Adjusting entries are determined before financial statements are prepared. Adjusting entries to record economic activity are often based on estimates

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