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Instructions Identify what type of adjusting entry (prepaid expense, uneared revenue, accrued expense, or accrued revenue) is needed in each situation at December 31, 2017

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Instructions Identify what type of adjusting entry (prepaid expense, uneared revenue, accrued expense, or accrued revenue) is needed in each situation at December 31, 2017 tries - Devin Wolf Company has the following balances in selected accounts on December 31, 2017 Accounts Receivable S-0- Accumulated Depreciation-Equipment 0 Equipment 7.000 Interest Payable -0- Notes Payable 10.000 Prepaid Insurance 2.100 Salaries and Wages Payable -0- Supplies 2.450 Unearned Service Revenue 30,000 All the accounts have normal balances. The information below has been gathered at December 31, 2017 1. Devin Wolf Company borrowed $10,000 by signing a 9% one-year note on September 1. 2017

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