Which transaction would require adjustment at December 31 ? a. The sale of merchandise for cash on

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Which transaction would require adjustment at December 31 ?

a. The sale of merchandise for cash on December 30

b. Common shares issued on November 30

c. Salaries paid to employees on December 31 for work performed in December

d. A one-year insurance policy (which took effect immediately) purchased on December 1

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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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