Word Count : 526

---

Adjustments become necessary at the time of preparing final accounts because the balances shown by the trial balance do not always represent the complete and correct financial position of a business for a particular accounting period. The trial balance mainly contains those transactions that have already been recorded in the books, whereas certain expenses, incomes, assets, and liabilities may relate partly to the current period and partly to another period. Some transactions may also remain completely unrecorded until the final accounts are prepared. Therefore, adjustment entries are passed to ensure that revenues and expenses are recorded in the correct accounting period and that assets and ____ ____ ______ _____ _______ _______ _____ ______ ____ _____ ______ _______.
_________ _______ ___ ____ ___ _________ ___ _____ ____ ____ _____.
___ ___ ________ _________ ______ ___.
_____ __________ _____ ___ __________ __________ ________ ___ _______.
_______ _______ ________ _______ ______ ___ _____ ___ ______ ___ ________ ___.
_____ _____ ________ _______ ______.
__________ _____ _____ ___ ___ _______ ______ ___ ________ ______.
________ _____ ___ ____ __________ ____ _____ _______ _____ ________ _____.
_______ __________ _______ __________ __________ _____ ________ _________ _______ _______ _____.
_____ _________ _______ __________ __________ _______ _____.
____ _________ __________ ____ ___ __________ ____ _________ ________ _______.
___ __________ ________ ______ ______ ________ _____ _____ _______.
______ ____ ____ _________ ______ __________ ____ _____.
____ _____ _______ ______ _____ ___ ________ _________.
______ ______ __________ ________ ________ _________ ____ _______ _________.
____ ________ __________ _________ _________ _____ ___ _________ _______.
___ ____ ________ _________ ___.
____ _________ _________ ________ ___ ____.
____ ______ ____ ______ ________.
___ _____ ______ ______ _________ ________ ______ _____ _________ ___.
__________ _____ ___ ____ ______ _____ _________ ___.
___ _____ ________ _____ ________ ______ _______ ___ ________ __________ ____.
_____ _______ ______ ___ __________.
______ _________ _______ _________ __________ ______ ______ ______ ___ ____.
________ _____ ______ ___ ____.
___ _________ __________ _________ ___ ___ ______ _________ ______ _________.
________ ____ _______ _______ ______.
___ ________ _____ _______ ____ ________.
_________ __________ ________ ___ ___ ___.
_____ ______ _________ _________ ____ _______ ______ _______ _______ __________ _____ ______.
______ _______ ______ ____ _______ ________ ________ _____ _______ __________ ________.
_______ ___ ______ _________ _______ ________.
___ ______ ___ _____ _________ ________ _______ ___ _______ _______ ________ ______.
_______ _________ ____ ___ ________ ________ ____ ___.
_______ ___ ______ ________ ______ _________ ___ ____ _______ ________ ____ __________.
______ _________ _________ _____ ______ _______ _____ ____ ____ ___ __________ _________.
___ ____ ___ ________ __________ _________ _____ ____ ___ ________ ________.
_________ _________ _________ _______ ___ ________.
__________ _________ ___ _____ ________ ____.
________ ___ ______ _______ ____ _____ ___ _____ _____ ______ ____ ______.
________ ____ ______ _____ ________.
___ ________ _________ _____ ___ ________ _________ _________.
________ ________ _____ _____ __________ _____ ___ ________ _______.
_________ _________ ______ _____ ________ _______ ________ __________ ________ ____.
___ ____ _____ ____ ________ _______ ________ ________.
_____ ________ _______ _______ ________ _____ __________ _____ _______ ____.
__________ ________ ____ _________ _________ _____ __________.
______ __________ ______ ______ ______ _____ ___ _______ ___ _________ ____.
_______ ___ ___ ______ ________ ______.
Get Full Answer on WhatsApp