English, asked by kave67, 2 months ago

State any one adjustment.

Answers

Answered by anu560070

7

Answer:

Examples of accounting adjustments are as follows:

Altering the amount in a reserve account, such as the allowance for doubtful accounts or the inventory obsolescence reserve.

Recognizing revenue that has not yet been billed.

Deferring the recognition of revenue that has been billed but has not yet been earned.

Explanation:

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