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Which of the following statements regarding adjusting entries is true? Adjusting entries are not posted to the ledger. O b . Adjusting entries are optional

Which of the following statements regarding adjusting entries is true? Adjusting entries are not posted to the ledger. O b

.

Adjusting entries are optional with accrual basis accounting. c

.

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

.

None of these statements are true

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