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Megan Elsarji
on Oct 16, 2024

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An adjusting entry often includes an entry to Cash.

Adjusting Entry

An accounting journal entry made at the end of an accounting period to allocate revenue and expenses to the correct periods.

Cash

Money in the form of coins or banknotes, especially that issued by a government.

  • Understand the concept and purpose of adjusting entries in accounting.
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Saloni ChoudharyOct 18, 2024
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