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3. (TCO B) Adjusting Entries: William Bryant is the new owner of Ace Computer Services. At the end of August 2010, his first month of

3. (TCO B) Adjusting Entries: William Bryant is the new owner of Ace Computer Services. At the end of August 2010, his first month of ownership, Bryant is trying to prepare monthly financial statements. At August 31, Bryant owed his employees $2,900 in wages that will be paid on September 1. At the end of the month he had not yet received the month

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