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    Financial Accounting Information for Decisions Study Set 2
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    Exam 3: Adjusting Accounts for Financial Statements
  5. Question
    Prior to Recording Adjusting Entries at the End of an Accounting
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Prior to Recording Adjusting Entries at the End of an Accounting

Question 113

Question 113

True/False

Prior to recording adjusting entries at the end of an accounting period, some accounts may not show correct balances even though all business transactions were properly recorded.

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