It is not necessary to post adjusting entries.

Question

Quizplus · Accepted Answer

Adjusting entries are necessary to ensure that financial statements accurately reflect a company's financial position and performance. They are made at the end of an accounting period to record any items that were not previously recorded, such as accrued expenses or unearned revenue. Failing to post adjusting entries can result in inaccurate financial statements that may misrepresent a company's financial health.

It Is Not Necessary to Post Adjusting Entries