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If possible, explain how it's that answer. Brief Exercise 3-02 Gee Company accumulates the following adjustment data at December 31. Indicate the type of adjustment
If possible, explain how it's that answer. Brief Exercise 3-02 Gee Company accumulates the following adjustment data at December 31. Indicate the type of adjustment (prepaid expense, accrued revenue, and so on), and the status of accounts before adjustment (overstated or understated). (Enter answers in alphabetical order.) 1. Supplies of $150 are on hand. 2. Services performed but not recorded total $900. 3. Interest of $200 has accumulated on a note payable. 4. Rent collected in advance totaling $850 has been earned. Item Type of Adjustment Account Balances before Adjustment
If possible, explain how it's that answer.
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