Discuss the difference between correcting and adjusting entries and when to use every.

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Week 6, Chapter 18 Dialogue (BUS2123 Rules of Accounting II)

1. Clarify the function and nature of, and the function of ethics in, managerial accounting

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2. Describe accounting ideas helpful in classifying prices.

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three. Clarify how steadiness sheets and revenue statements for manufacturing and merchandising corporations differ.