Why are adjusting entries necessary

Question # 00715440 Posted By: dr.tony Updated on: 02/01/2019 10:11 AM Due on: 02/01/2019
Subject General Questions Topic General General Questions Tutorials:
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Why are adjusting entries necessary? Why not treat every cash disbursement as an expense and every cash receipt as a revenue when the cash changes hands?  

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  1. Tutorial # 00715966 Posted By: dr.tony Posted on: 02/01/2019 10:12 AM
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