(3) The Adjusting Process.pdf - Session 3 Chapter 3 Concepts are rearranged and derived from reference in the bibliography its Resources Point of

(3) The Adjusting Process.pdf - Session 3 Chapter 3...

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Session 3 Chapter 3 Concepts are rearranged and derived from reference in the bibliography ( & its Resources )
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Point of Thinking As a business owner, manager, shareholder, or even an employee paid on commissions : 1- Are you anxious to see the final results of the period for your company. 2- Do you Need to know What is the company s net income or loss? 3- Do you Need to update the accounts at the end of the period. ( Such as : How many supplies you have used and how much you owe your employees & 4- Do you Need to prepare adjusting (updating ) entries to account for Such amounts. All Before preparing the financial statements
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