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b) Prepare adjusting journal entries for adjustments 9 to 12 . c) Set up T-accounts, enter the beginning balances from 2023, post the 2024
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b) Prepare adjusting journal entries for adjustments 9 to 12 . c) Set up T-accounts, enter the beginning balances from 2023, post the 2024 entries, and calculate the balance in each account. d) Prepare a trial balance and ensure that the total of the debit balances is equal to the total of the credit balances. e) Prepare a single-step statement of income for 2024. f) Prepare the closing entries, post them to the T-accounts, and calculate the final balance in each accountStep by Step Solution
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