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【单选题】
Which of the following statements regarding adjusting entries is true?
A.
Accountants use adjusting entries to record explicit transactions at the end of each reporting period.
B.
Adjusting entries are made on a daily basis as cash is exchanged between parties.
C.
Adjusting entries have nothing to do with accrual accounting.
D.
Adjusting entries are made at periodic intervals, usually when the financial statements are about to be prepared.
E.
The recording of cash receipts from customers is an example of an adjusting entry.
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