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Many utility companies offer customers the opportunity to use e-checks to make payments, and most banks accept e-checks for online bill paying.

What is the purpose of adjusting entries?

The date is optional when recording a journal entry

I was able to take this exam via Honorlock.

What book is used to record all transactions first?

A journal entry must always include a debit and a credit.

The worksheet is a permanent accounting record.

What is the primary purpose of closing entries?

Which financial statement lists assets, liabilities, and equity?

Journal entries must always have at least one debit and one credit.