The main purpose of adjusting entries is to _____.

QUESTION POSTED AT 18/04/2020 - 06:24 PM

Answered by admin AT 18/04/2020 - 06:24 PM

The principle reason for adjusting entries is to refresh the records to acclimate with the collection idea. Toward the finish of the bookkeeping time frame, some wage and costs might not have been recorded, taken up or refreshed; subsequently, there is a need to refresh the records.
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