Why Are Adjusting Entries Necessary? Question # 00793929 Posted By: 175 Updated on: 02/13/2021 09:10 AM Due on: 03/08/2021 Subject Accounting Topic Accounting Tutorials: 0 Question 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? Rating: 4.9/5