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journalise the adjusting entries (f) The prepaid insurance was paid in last December covering a 12-month general insurance from December 2020 to November, 2021. (g)
journalise the adjusting entries
(f) The prepaid insurance was paid in last December covering a 12-month general insurance from December 2020 to November, 2021. (g) Allowance for bad debt is estimated based on 10% of the closing accounts receivable balance due to dramatical down turn of the economy. (h) Recognize interest expense for the month. (i) Recognize interest revenue for the month Step by Step Solution
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Research Methods For Accounting And Finance Global Management Series
Authors: Audrey Paterson, Kevin D. Ogorman, David Leung, Robert Macintosh, William Jackson
1st Edition
1910158895, 978-1910158890
