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1. Regarding the balance sheet, what accounts may have required adjusting entries? Explain the type of accrual or deferral each adjustment would be. 2. Is

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1. Regarding the balance sheet, what accounts may have required adjusting entries? Explain the type of accrual or deferral each adjustment would be. 2. Is accumulated depreciation shown on the balance sheet, the footnotes, or both? Give the amount of the accumulated depreciation and state what type of account it is. 3. Looking at the Statements of Shareholders' Equity, what was the change to retained earnings for each o the last three years? What two items made up this amount? How much was each item? HOOKER FURNISHIXGS CORPORATION AND SUBSIDIARIES CONSOI IDATED BAL.ANCE SHEETS (In thousands) HOOKFR VURNISHINGS CORPORATION AND SURSIDLARIFS CONSOLIDATED STATEMENTS OF SHAREHOL.DERS EOLTI (la thousands, except per share data) 52 Week Periodv Ended Janaary 30, 2022, Jaauary 31, 2021 and February 2, See accompanying Notes to Consolidated Financial Statements

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