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When using a worksheet adjusting entries are journalized

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Reference no: EM132484208

Question 1: When using a worksheet, adjusting entries are journalized

  1. after the worksheet is completed and before financial statements are prepared.
  2. before the adjustments are entered on to the worksheet.
  3. after the worksheet is completed and after financial statements have been prepared.
  4. before the adjusted trial balance is extended to the proper financial statement columns.

Reference no: EM132484208

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