Explain the Purpose of Adjusting Entries at the End of a Period

question 10

Essay

Explain the purpose of adjusting entries at the end of a period.

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Definitions:

Valued

Being held in high esteem or regard; considered to be important, beneficial, or worthwhile by individuals or society.

Racial Prejudice

Preconceived judgment or opinion, often negative, directed toward people because of their race.

Stereotype

A fixed, overgeneralized belief about a particular group or class of people.

African Americans

An ethnic group in the United States with ancestral roots in Africa, primarily those whose ancestors were enslaved and brought to the US.