Computer Science, asked by Kanthabasavaraj8900, 9 months ago

What Do You Mean By Adjusting Entries

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Answered by Abhayjeet373

2

Answer:Adjusting entries are journal entries made at the end of an accounting cycle to update certain revenue and expense accounts and to make sure you comply with the matching principle. The matching principle states that expenses have to be matched to the accounting period in which the revenue paying for them is earned.

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