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Current Attempt in Progress The trial balance of Woods Company includes the following balance sheet accounts. Identify the accounts that might require adjustment. For each
Current Attempt in Progress The trial balance of Woods Company includes the following balance sheet accounts. Identify the accounts that might require adjustment. For each account that requires adjustment, indicate (1) the type of adjusting entry (prepaid expense, unearned revenue, accrued revenue, and accrued expense) and (2) the related account in the adjusting entry. a. b. C. e. f. Accounts Receivable Account Prepaid Insurance Cash d. Accumulated Depreciation-Equipment Dividends Interest Payable g. Unearned Service Revenue (1) Type of Adjustment (2) Related Account +
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