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2 The Carolina Company made the following journal entries and adjusting journal entries: . Accrual of Wage Expense $1,000 Expiration of Prepaid Insurance $700 Accrual
2 The Carolina Company made the following journal entries and adjusting journal entries: . Accrual of Wage Expense $1,000 Expiration of Prepaid Insurance $700 Accrual of Revenue $600 The effect of the three journal entries on Total Assets is a change of: a. $1,100 b. $600 C. $100 dS900 e. $1,100 Clear my choice
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
