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Which of the following statements regarding adjusting entrics is true? a . Adjusting entries are optional with accrual basis accounting. b . Adjusting entries are

Which of the following statements regarding adjusting entrics is true?

.

Adjusting entries are optional with accrual basis accounting.

.

Adjusting entries are usually recorded after the end of the period but are dated as of the last day of the period.

.

Adjusting entries are not posted to the ledger.

.

Adjusting entries are dated as of the first day of the new accounting period.

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