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Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Caiculate the adjusted balance and use a Bal. post reference
Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Caiculate the adjusted balance and use a Bal. post reference to show the ending balance of each account. Incurfed interest exponae of 1000 Adjustinent Type: Erigidyes earned 12,100 in salaties that will be paid nest month. The Salaries fupense unadusted balance: as of December 31 is 15000 . A two yest insurance policy for 110,560 wM purchased on November 1 of the cumentyear. Record the transacion for the year ended December 31
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