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At December 31, the unadjusted trial balance of H&R Tacks reports Software of $25,000 and zero balances in Accumulated Amortization and Amortization Expense. Amortization for
At December 31, the unadjusted trial balance of H&R Tacks reports Software of $25,000 and zero balances in Accumulated Amortization and Amortization Expense. Amortization for the period is estimated to be $5,000. Required: 1. Prepare the adjusting journal entry on December 31. 2. Post the beginning balances and adjusting entries to the following T-accounts. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the adjusting journal entry on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No Date General Journal 1 December 31 Accounts Payable Heguard Required 2 > Debit Credit Check my work
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