Week 2 Discussion - Explain the purpose of adjusting

Question # 00784915 Posted By: dr.tony Updated on: 11/25/2020 11:25 AM Due on: 11/25/2020
Subject Education Topic General Education Tutorials:
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Week 2 Discussion Question 2

Explain the purpose of adjusting entries. How is net income affected if adjusting entries are not made? Describe the four closing entries and explain their purpose. Respond to at least two of your classmates’ postings. 

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