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Unformatted text preview: However, there are additional transactions that need to be journalized and adjusted. There are transactions such as Salary and Supply expenses that are too difficult to figure against sales that accounts find it more prudent to factor these expenses at the end of the month. Once all the adjustments have been journalized, balanced, and printed, the financial statements can be prepared and the final numbers can be posted....
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This note was uploaded on 12/13/2011 for the course ACCOUNTING ACC 280 taught by Professor Kenfredrickson during the Spring '09 term at University of Phoenix.
- Spring '09