This assignment has 2 parts, as follows: Please explain the purpose of adjusting entries and closing entries. In a 1-2-page paper, not including the title and reference pages, detail what each acco

This assignment has 2 parts, as follows:

Please explain the purpose of adjusting entries and closing entries.?n a 1-2-page paper, not including the title and reference pages,?etail what each accomplishes, and give examples of each.
Please journalize the closing entries from the attached?0-column worksheet. Use the attached?emplate?o complete your General Journal.

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