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    Accounting for Government and Nonprofit Organizations
  4. Exam
    Exam 15: Fundamentals of Accounting
  5. Question
    Adjusting Entries Are Only Needed If There Is a Mistake
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Adjusting Entries Are Only Needed If There Is a Mistake

Question 3

Question 3

True/False

Adjusting entries are only needed if there is a mistake in the journal entries that is not caught before the end of each year.

Correct Answer:

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