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Novak Company had the following select transactions. Prepare journal entries to record the transactions. Novak prepares adjusting entries once a year on December 31. (Credit

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Novak Company had the following select transactions. Prepare journal entries to record the transactions. Novak prepares adjusting entries once a year on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manuolly. Record journal entries in the order presented in the problem. Do not round intermediate calculations. Round final answers to O decimal ploces, es. 5.275.)

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