Identification of Adjusting Entries Examine the following accounts: a. Prepaid Insurance b. Inventory c. Interest Payable d.

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Identification of Adjusting Entries Examine the following accounts:

a. Prepaid Insurance

b. Inventory

c. Interest Payable

d. Unearned Service Revenue

e. Accumulated Depreciation

\section*{Required:}

CONCEPTUAL CONNECTION Identify and explain why each account may or may not require adjustment.

\section*{OBJECTIVE 4 Brief Exercise

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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