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1. (20 Points) Prepare general journal entries required on December 31 to record the following unrelated year-end adjustments. a. Estimated depreciation on equipment for the

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1. (20 Points) Prepare general journal entries required on December 31 to record the following unrelated year-end adjustments. a. Estimated depreciation on equipment for the year, $4,500. b. The Prepaid Insurance account has a $3,680 debit balance before adjustment. An examination of insurance policies shows $600 of insurance expired

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