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At December 31, the unadjusted trial balance of H&R Tacks reports Software of $26,500 and and zero balances in Accumulated Amortization and Amortization Expense. Amortization
At December 31, the unadjusted trial balance of H\&R Tacks reports Software of $26,500 and and zero balances in Accumulated Amortization and Amortization Expense. Amortization for the period is estimated to be $5,300. Required: 1. Prepare the adjusting journal entry on December 31. 2. Post the beginning balances and adjusting entries to the following T-accounts. Journal entry worksheet Record the adjusting entry on December 31. Note: Enter debits before credits. Complete this question by entering your answers In the tabs below. Post the beginning balances and adjusting entries to the following T-accounts
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