Which of the following statements is not correct? Multiple Choice All adjustments are shown on...

80.2K

Verified Solution

Question

Accounting

Which of the following statements is not correct?

Multiple Choice

All adjustments are shown on the worksheet.

After the financial statements have been prepared, the adjustments are made a permanent part of the accounting records.

Adjustments are recorded in the general journal as adjusting journal entries and are posted to the general ledger.

All of the above statements are correct.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students