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July 21, 2023

Please explain the purpose of adjusting entries and closing entries.?In a 1-2-page, not including the title and reference pages, detail what each accomplishes, and give examples of ea

This assignment has 2 parts, as follows:

Please explain the purpose of adjusting entries and closing entries. In a 1-2-page, not including the title and reference pages, detail what each accomplishes, and give examples of each.
Please journalize the closing entries from the attached 10-column worksheet. Use the attached template to complete your General Journal.

ACC310U5IPTemplate.xlsx

Sheet1

General Journal
2018
Date	Account Titles	PR	DEBIT	CREDIT
	Closing Entries

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