The main reason the adjusting and closing entries do not, Ask an Expert

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The main reason the adjusting and closing entries do not affect the Statement of Cash Flows is because these types of entries are done after all the cash transactions have already been recorded and do not normally ever affect the cash balance.

The Income Statements and Balance Sheet will be affected by all of the entries in some way. Why is that?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92426146

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