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What is the purpose of an adjusted trial balance

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Reference no: EM132269402

Question: 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?

Reference no: EM132269402

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