= The following list of accounts and account balances was taken from the accounting records of Mane

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= The following list of accounts and account balances was taken from the accounting records of Mane Lettering Company:

Account Balance Account Balance Account Title Before Adjustment After Adjustment Prepaid Insurance $2,400 $1,800 Salaries Payable 0 7,300 Unearned Rent Revenue 9,800 5,600 Required: Using T-accounts, for each account enter the beginning balance, prepare the end-of-period adjustment that caused the change in the account balance, and enter the ending balance.

 TYK-1

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Accounting Information For Business Decisions

ISBN: 9780030224294

1st Edition

Authors: Billie Cunningham, Loren A. Nikolai, John Bazley

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