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New Revenue Recognition Standard - Adjusting Journal Entries - Sales Returns and Allowances returned. Prepare the period - end adjusting journal entries needed for Reed

New Revenue Recognition Standard

-

Adjusting Journal Entries

-

Sales Returns and Allowances

returned.

Prepare the period

-

end adjusting journal entries needed for Reed Company to comply with the new revenue recognition standard. Reed's fiscal year

-

end is December

31 .

Please answer all parts of the question.

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