Question

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place the steps in the adjusting process in the correct order in which they would be performed.
instructions
determine what the correct account balance should be.
determine what the current account balance is.
record an adjusting entry.
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Explanation:

The adjusting process first requires knowing the existing account balance, then identifying the proper adjusted balance, and finally documenting the entry to update the account to the correct balance.

Answer:

1. Determine what the current account balance is.
2. Determine what the correct account balance should be.
3. Record an adjusting entry.