Before making adjusting entries you must:

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Before making adjusting entries, it is important to prepare a trial balance to ensure that the total debits equal the total credits. This will help identify any errors that need to be corrected before making adjustments. Closing permanent accounts and printing the balance sheet are both steps that come after making adjusting entries. Closing temporary accounts is only done at the end of the accounting period to transfer their balances to the permanent accounts.

Before Making Adjusting Entries You Must