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Can you please check if the adjustment entries are correct. What brief description should I use for each? 8. Johnson Corporation is completing the information

Can you please check if the adjustment entries are correct. What brief description should I use for each? image text in transcribed
8. Johnson Corporation is completing the information processing cycle at the end of the fiscal year, June 30, 2014. Johnson has the following balances of June 30. 2014: June 30, 2014 Trial Balances Balance Unadusted Trial Balance Adjusted Trial 6000 2001 ulated depreciation 38.000 3H3000 Insurance 591 100 397 000 000 Required A. Reconstruct the adjusting entries and give a brief explanation of each. B. is the amount of net income? 1,000 shares of common stock are C. Calculate per share (EPs) assuming outstanding O Insurnu Eyos yoo HOO reertina. s, Soo 10 100 300

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