The adjustments entered in the adjustments columns of a worksheet are

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The adjustments entered in the adjustments columns of a worksheet are not journalized until after the financial statements are prepared. This is because the purpose of the worksheet is to facilitate the preparation of financial statements, which are the primary tool for communicating financial information to external users. Once the financial statements have been prepared, the adjustments can be journalized and posted to the ledger in order to update the accounts and ensure that the financial statements accurately reflect the financial position and performance of the company.

The Adjustments Entered in the Adjustments Columns of a Worksheet