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  3. Study Set
    Introductory Financial Accounting for Business Study Set 1
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    Exam 2: Accounting for Accruals
  5. Question
    Why Are Adjustments Necessary in an Accrual Accounting System? What
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Why Are Adjustments Necessary in an Accrual Accounting System? What

Question 83

Question 83

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Why are adjustments necessary in an accrual accounting system? What are some common examples?

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An adjustment updates account balances p...

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