Why are adjusting entries necessary under accrual-basis accounting?

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Question Posted: Jul 13, 2016 03:43 AM

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Why are adjusting entries necessary under accrual-basis accounting?

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Adjustment entries The journal entries that affect the income statement accoun...View the full answer

Financial Accounting

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