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Consider the following situations for Bookfield Welding Services: View the situations. Journalize the adjusting entry needed on December 3 1 for each situation. Use the

Consider the following situations for Bookfield Welding Services:

View the situations.

Journalize the adjusting entry needed on December

31

for each situation. Use the letters to label the journal entries.

(

Record debits first, then credits. Select the explanation on the last line of the journal entry table.

)

.

Depreciation on the equipment for the current year is $

2, 000 .

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