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The Accounting Cycle Accruals and Deferrals

The Accounting Cycle Accruals and Deferrals. Chapter 4. A DJUSTING ENTRIES. Adjusting entries are. Every adjusting. needed whenever revenue or expenses affect more than one. entry involves a change in either a revenue or expense. and an asset or liability. accounting period.

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Djusting entries - PowerPoint PPT Presentation

The Accounting Cycle Accruals and Deferrals