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Phyllis McCray
on Oct 28, 2024

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Adjusting entries do not involve cash and therefore do not impact the cash flow statement.

Adjusting Entries

Accounting records created at the conclusion of an accounting cycle to distribute revenues and expenses to the period they truly belong.

Cash Flow Statement

A cash flow statement is a financial report that provides aggregate data regarding all cash inflows and outflows a company receives.

  • Discern the influence of adjusting entries upon financial documentation.
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Clarissa BooneOct 30, 2024
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