If ____________________ entries are recorded, there is no need to examine each transaction in the new fiscal period to see whether a portion applies to a past period and then divide the amount of the transaction between the two periods.

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The Answer of If ____________________ entries are recorded, there is no need to examine each transaction in the new fiscal period to see whether a portion applies to a past period and then divide the amount of the transaction between the two periods.

If ____________________ Entries Are Recorded, There Is No Need to Examine