Problem
1. Readings, Weygandt, et al., 2018 (chapters 2, 3, & 4), Celaya Figueroa, 2013 (chapter 3) and Juárez Valdés, 2012 (chapters 2 & 3) of the Module "The cycle of accounting" In his own words
2. Answer the following questions:
A. Why do you consider important adjustment inputs, specifically closing entries and entries to revert (reversing)?
B. Give a numerical example of a adjustment of inputs where it was identified the recorded transaction incorrectly and was later corrected, either as a closing entry or as an input to reverse. You must first submit the comparison of the two inputs and then the corrected input.