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Data on the three adjusting entries follow: a. Rent revenue of $2,900 eamed in December of the current year was neither collected nor recorded. b.

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Data on the three adjusting entries follow: a. Rent revenue of $2,900 eamed in December of the current year was neither collected nor recorded. b. Depreciation of $4,100 on the equipment for the current year was not recorded. c. Income tox expense of $4,500 for the current year was neither paid nor recorded. 2. Complete the two columns to the right in the following tabulation to show the effects of the adjusting entries and the corrected amounts on the income statement and balance sheet. Complete this question by entering your answers in the tabs below. Complete the two columns to the right in the following tabulation to show the effects of the adjusting entries and the corrected amounts on the balance sheet. Note: Enter deductions and negative amounts with a minus slgn

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