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Assessing Financial Statement Effects of Adjustments L . Burnett began Burnett Refinishing Service on July 1 . Selected accounts are shown below as of July

Assessing Financial Statement Effects of Adjustments

.

Burnett began Burnett Refinishing Service on July

1 .

Selected accounts are shown below as of July

31,

before any accounting adjustments have been made.

\

table

[[

Prepaid rent,$

11, 040

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