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ACC 120: Principles of Financial Accounting

LO 4.1: Explain why adjustments are needed

LO 4.2: Prepare adjustments needed at the end of the period

LO 4.3: Prepare an adjusted trial balance

LO 4.4: Prepare financial statements

LO 4.5: Explain the closing process

LO 4.6: Explain how adjustments affect financial results

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