Year-end adjustments are journal entries made to various general ledger accounts at the end of the fiscal year, to create a set of books that is in compliance with the applicable accounting framework. A number of year-end adjustments may be required, depending on how diligently the books have been maintained on a monthly basis.Explain theexamples of year-end adjustments
Year-end adjustments are journal entries made to various general ledger accounts at the end of the fiscal year, to create a set of books that is in…
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