List the two types of adjustments and give an example of an adjustment affecting revenues and expenses

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List the two types of adjustments and give an example of an adjustment affecting revenues and expenses for each type.

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Question Posted: Nov 02, 2015 05:32 AM

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List the two types of adjustments and give an example of an adjustment affecting revenues and expenses

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The two different types of adjusting journal entries are 1 Deferral adjustments a Revenues previousl...View the full answer

Fundamentals of Financial Accounting

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