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Journalize and post the following adjusting entries for March: 1. 1/12th of the insurance policy expired. 2. Equipment is depreciated at 1/10th of cost with
Journalize and post the following adjusting entries for March:
1. 1/12th of the insurance policy expired.
2. Equipment is depreciated at 1/10th of cost with no salvage value.
3. 36 coupon books were redeemed by customers during the month.
4. Accrued salaries are $2,230
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