Adjusting and Closing Process

Discuss the adjusting and closing processes. How are the revenue recognition and matching principles involved? Describe the differences between the unadjusted, adjusted, and post closing trial balances. Your essay must include an introduction, body, and conclusion, and address all relevant parts of each question. Your response should be 300 to 700 words in length. Make sure to cite any references you use. Proper citation format for a reference includes the name of the author(s), the title of the work, the date of the publication, and the page number.

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