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Documents The Adjustment Process Accountants need to ensure that the statements they produce are: Up to Date,....

Slide 1 Slide 2 The Adjustment Process Accountants need to ensure that the statements they produce are: Up to Date, Accurate, Consistent Adjustments are necessary to ensure…

Documents Adjusting Entries. Measuring Business Income n Accounting period assumption n Cash accounting versus...

Adjusting Entries Copyright 1999 Measuring Business Income Accounting period assumption Cash accounting versus accrual accounting Matching principle Materiality concept Copyright…