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Adjustments Must Be Entered in the Journal and Posted to the Ledger

question 135

True/False

Adjustments must be entered in the journal and posted to the ledger after the work sheet is prepared.

Differentiate between actions performed in various sections of the QuickBooks Home Page.
Identify tasks that can and cannot be completed in specific QuickBooks sections.
Understand the purpose of reports for managers and how they can use them to make informed decisions.
Recognize the importance of the Chart of Accounts in accounting systems.

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