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Practical Accounting Knowledge for Better Financial Decisions

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Adjusting Entries, the Worksheet and the Financial Statements

 




In this video, we continue to review adjusting entries (journalizing and posting) and moving that information to the worksheet and then producing financial statements; specifically, the income statement, the statement of retained earnings and the balance sheet. There is a short discussion on how the financial statements are "linked" together. https://youtu.be/ESdeYMoA8Vk

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