(Answered) Journal entries - what are journal entries and why are they

Accounting

Journal Entries - What are journal entries and why are they used? Explain why adjusting entries are needed and describe the major types.

Guided Response: Cite a specific example of an adjusting entry and how Quickbooks can help track them. Utilize this week's lecture to formulate your post. Respond to at least two of your classmates' posts in a manner that promotes further substantive dialogue.

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