The purpose of adjusting entries is to:? - Business and Finance Forum

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11-13-2009, 07:58 AM

Frank

Junior Member

Join Date: Aug 2009

Posts: 13

The purpose of adjusting entries is to:?

a. Record external transactions and events
b. Record internal transactions and events.
c. Recognize revenues earned during the period.
d. Recognize debts paid during the period.
e. Both b and c only

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