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PA9. LO 4.3 Use the following account T-balances (assume normal balances) and correct balance information to make the December 31 adjusting journal entries. Unearned service
PA9. LO 4.3 Use the following account T-balances (assume normal balances) and correct balance information to make the December 31 adjusting journal entries. Unearned service revenue Supplies Interest payable Solution Unearned Service Revenue Service Revenue Supplies Expense Supplies Interest Payable T-Account Balance Interest Expense 24,000 8,500 2,400 Correct Balance 10,500 2,600 2,000
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