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Incorrect: Requirement 1. Joumalize the adjusting entries on December 31. Checord debts test the credits Select the explanation on the last one of the journal

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Incorrect: Requirement 1. Joumalize the adjusting entries on December 31. Checord debts test the credits Select the explanation on the last one of the journal entry table) a. As of December 31 Duvill had $300 of Prepaid insurance remaining Date Accounts and Explanation Debit Credit ac 1 (0/20 Requirements 1. Journalize the adjusting entries on December 31 2. The four column lodger accounts have been opened for you using the unadjusted trial balance Post the adjusting entries to the lodger accounts 3. Prepare the adjusted trial balance 4. Assuming the adjusted trial balance has total debits equal to total credits does this mean that the adjusting entries have been recorded correctly? Explain b. At the end of the month, Duville had $600 of office supplies remaining Date Accounts and Explanation Debit Credit (b) Dec 31 surance Incorrect: Requirement 1. Joumalize the adjusting entries on December 31. Checord debts test the credits Select the explanation on the last one of the journal entry table) a. As of December 31 Duvill had $300 of Prepaid insurance remaining Date Accounts and Explanation Debit Credit ac 1 (0/20 Requirements 1. Journalize the adjusting entries on December 31 2. The four column lodger accounts have been opened for you using the unadjusted trial balance Post the adjusting entries to the lodger accounts 3. Prepare the adjusted trial balance 4. Assuming the adjusted trial balance has total debits equal to total credits does this mean that the adjusting entries have been recorded correctly? Explain b. At the end of the month, Duville had $600 of office supplies remaining Date Accounts and Explanation Debit Credit (b) Dec 31 surance

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