Question: Question 4 and 5 both please. 4. Identify the four types of adjusting entries and explain why each type is necessary. (4 marks) 5. In

Question 4 and 5 both please.

4. Identify the four types of adjusting entries and explain why each type is necessary. (4 marks) 5. In the article "So You Think You Understand Revenues" the author recommends that companies grasp three types of revenue numbers. What are they and what do they mean? (2 marks)

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