Once Adjustments Have Been Made, an ____________________ Is Prepared to Ensure

question 148

Short Answer

Once adjustments have been made, an ____________________ is prepared to ensure the accounting equation is still in balance and to facilitate preparation of the financial statements.

---

Definitions:

Proportion

A fraction, portion, or segment that is assessed in relation to its entire entity.

M&M Candy

A brand of small, multi-colored chocolate candies covered in a hard shell.

Probability

The likelihood that an event will happen, expressed numerically between 0 and 1.

Production Run

A manufacturing process or period during which a batch of goods is produced, often of the same product, without interruption.