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What are adjusting entries and why are they necessary

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Reference no: EM131770388

Using the Annual Report of your selected company answer the following questions in the Discussion:

What are adjusting entries and why are they necessary?

In your chosen company, which accounts might require adjusting entries?

Why is it unethical not to record adjusting entries when required? What difference does it make?

What is the purpose of an adjusted trial balance?

Please use the link to the Financial report to answer these questions.

Reference no: EM131770388

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