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ABC Inc. established its operation at January 1st, 2014. A) Enter all necessery Journal Entries that occured during the year. B) Then prepare the adjusting

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ABC Inc. established its operation at January 1st, 2014. A) Enter all necessery Journal Entries that occured during the year. B) Then prepare the adjusting entries, closing entries, financials, worksheet \& T accounts. What is the Accumulated Depreciation-Equipment balance in the Trial Balance? 6000 12000 50. 6300 Question 4 What is the Prepaid Rent balance in the Trial Balance? 500 6000 What is the Dividend payable balance in the Trial Balance? 10000 on the credit side $0. None of the above. 10000 on the debit side Question 6 Total Trial Balance on the Debit side is: 530000 52000 502000 492000 Question 7 What is the Utility Payble balance in the Trial Balance? None of the above. 50 8500 850

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