Adjustments ensure that ______ balances are reported at amounts representing the economic benefits that remain at the end of the period and will be used-up in future periods.

Question

02-02-2022
Business

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Adjustments ensure that ______ balances are reported at amounts representing the economic benefits that remain at the end of the period and will be used-up in future periods.

Sagot :

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mboluwape mboluwape · Answer 1 · 2022-02-14T06:40:24-05:00

What we own are asset, adjustments ensure that asset balances are reported

What is an asset?

An asset is of worth that has economic value and future benefit. An asset can serve as a source of income generating money for present and future endeavors.

Therefore, what we own are asset, adjustments ensure that asset balances are reported

Learn more on assets here,

https://brainly.com/question/25821437

Adjustments ensure that ______ balances are reported at amounts representing the economic benefits that remain at the end of the period and will be used-up in future periods.

Sagot :

What is an asset?

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