accounting principals

Accounting
Tutor: None Selected Time limit: 1 Day

Define the generally acceptable accounting principles that justify making adjusting entries, and speculate on the primary impact to investors and creditors if companies did not make adjusting entries until the end of the calendar or fiscal year.

Jul 19th, 2014

It would probably be acceptable and more beneficial for a company to make adjusting entries throughout the year, instead of tat the end, because for the reason that you would be more accurate to begin with and you'd make less errors in prices. Creditors and investors would probably end up with a little less money, because all of your numbers would be right, or maybe they'd end up with more... I don't know. It depends.

Jul 19th, 2014

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Jul 19th, 2014
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Jul 19th, 2014
Feb 23rd, 2017
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