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1. For each account balance numbered 112, choose an appropriate reason from a-d that explains why that particular account balance needs to be adjusted or

image text in transcribed 1. For each account balance numbered 112, choose an appropriate reason from a-d that explains why that particular account balance needs to be adjusted or choose " e. when no adjustment is needed." 2. Prepare the adjusting journal entries required as of December 31. Complete this question by entering your answers in the tabs below. Prepare the adjusting journal entries required as of December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 1. For each account balance numbered 112, choose an appropriate reason from a-d that explains why that particular account balance needs to be adjusted or choose " e. when no adjustment is needed." 2. Prepare the adjusting journal entries required as of December 31. Complete this question by entering your answers in the tabs below. Prepare the adjusting journal entries required as of December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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