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An accountant made the following adjustments at December 31, the end of the accounting period: i (Click the icon to view the adjustments.) Read the
An accountant made the following adjustments at December 31, the end of the accounting period: i (Click the icon to view the adjustments.) Read the requirements. Requirement 1. Journalize the adjusting entries. (Record debits first, then credits. Exclude explanations from any journal entrie: a. Prepaid insurance, beginning, $500. Payments for insurance during the period, $2,000. Prepaid insurance, ending, $400. ages F2 a. W b. b. Interest revenue accrued, $2,500. S Insurance Expense Prepaid Insurance Calculator #3 20 F3 Accounts E D Journal Entry $ 4 Journal Entry Accounts R F 67 d 5 F5 Debit 2,100 Debit T KO G Credit F6 2,100 Credit Y F7 H F8
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