Adjusting entries are required
A) yearly.
B) quarterly.
C) monthly.
D) every time financial statements are prepared.

Question

Quizplus · Accepted Answer

Adjusting entries are made every time financial statements are prepared, typically at the end of an accounting period (e.g. month, quarter, or year). These entries are necessary to ensure that the financial statements reflect accurate and up-to-date information about the company's financial position and performance.

Adjusting Entries Are Required