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  3. Study Set
    Financial Accounting for MBAs
  4. Exam
    Exam 3: Transactions, Adjustments, and Financial Statements
  5. Question
    Two Steps Must Be Completed in Order to Prepare Financial
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Two Steps Must Be Completed in Order to Prepare Financial

Question 27

Question 27

True/False

Two steps must be completed in order to prepare financial statements: recording transactions during the period and adjusting records to ensure all events are properly recorded.

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