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Summarized Presentation of Adjustments
Accounting is a multidimensional subject, where the process involves-analysing, recording, posting, classifying and adjusting business events and transactions. The final step being the summarization of the various adjustments created into the financial statement. This summary actual helps in devising out a clear picture of the financial health of a company.
The summarizing of Adjustments would involve a summary creation of the following aspects:
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