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From the information that follows, prepare a work sheet for Ragan Financial Services for the year ended December 31, 20X2. Notice that the amounts in
From the information that follows, prepare a work sheet for Ragan Financial Services for the year ended December 31, 20X2. Notice that the amounts in this exercise may seem unrealistically small. Our objective is to allow you to do a work sheet without arithmetic getting in the way. Adjustment data: (a) Supplies on hand, exist30. (b) Insurance expired, exist10. (c) Depreciation of equipment, exist10. (d) Unpaid salaries, exist10
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