Identify the usual forms of a business entity, Accounting Standards

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Identify the usual forms of a business entity

Response to the following questions:

1. Why are adjusting entries necessary?

2. Why aren't all transactions recorded in the general journal?

3. Describe the filing deadline for Form 10-K

4. Identify the usual forms of a business entity and describe the ownership characteristic of each.

If possible, please give examples to better understand your response.

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Accounting Standards: Identify the usual forms of a business entity

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Accounting Standards: Identify the usual forms of a business entity

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