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oGive an example of an adjusting journal entry for each of the following transactions. Provide three correct responses: oEqual growth of an expense and a
oGive an example of an adjusting journal entry for each of the following transactions. Provide three correct responses:
oEqual growth of an expense and a liability.
oEarning of revenue that was previously recorded as unearned revenue: liability/revenue.
oEqual growth of an asset and revenue: asset/revenue.
oIncrease in an expense and decrease in an asset.
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