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    Horngrens Accounting Study Set 2
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    Exam 4: Completing the Accounting Cycle
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    Adjusting Entries Are
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Adjusting Entries Are

Question 80

Question 80

Multiple Choice

Adjusting entries are:


A) a key element of accrual accounting.
B) required in both accrual and cash-basis accounting.
C) recorded only on the worksheet.
D) recorded in the general journal but not on the worksheet.

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