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At the end of its annual accounting period, the company must make three adjusting entries. a . Accrue utilities expense. b . Adjust the Supplies
At the end of its annual accounting period, the company must make three adjusting entries.
a Accrue utilities expense.
b Adjust the Supplies account for supplies used up during the year.
c Record services revenue earned for which cash will be received the following period.
For each of these adjusting entries, indicate the account to be debited and the account to be credited.
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