Why are adjusting entries and note disclosures labeled proposed?

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Why are adjusting entries and note disclosures labeled “proposed”?

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Auditing & Assurance Services

ISBN: 978-1260703733

8th Edition

Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau

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Question Posted: Jul 06, 2023 04:35 AM

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Why are adjusting entries and note disclosures labeled proposed?

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Adjusting entries and note disclosures are labeled as proposed because they represent the initial re...View the full answer

Auditing & Assurance Services

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