Adjusting the accounts is the process of A. recording transactions as they occur during the period. B. subtracting expenses from revenues to measure net income. C. updating the accounts at the end of the period. D. zeroing out account balances to prepare for the next period.
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Home » Business » Adjusting the accounts is the process of A. recording transactions as they occur during the period. B. subtracting expenses from revenues to measure net income. C. updating the accounts at the end of the period. D.