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    kekebrown's Avatar
    kekebrown Posts: 20, Reputation: 0
    New Member
    		  
    #1

    Sep 12, 2008, 06:56 PM
    Adjusting entries are
    a. The same as correcting entries
    b. needed to bring accounts up to date and match revenues and expenses
    c. optional under generally accepted accounting principles
    d. Rarely needed in large companies

    I think it is B
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Sep 12, 2008, 09:35 PM
    You are correct, B
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