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please help prepare the adjusting journal entries on December 31 and help posting the beginning balances amd adjusting entries to the following t accounts. thank
please help prepare the adjusting journal entries on December 31 and help posting the beginning balances amd adjusting entries to the following t accounts. thank you.
M4-24 (Static) Preparing and Posting Journal Entries for Amortization [LO 4-2] At December 31, the unadjusted trial balance of H\&R Tacks reports Software of $25,000 and zero balances in Accumulated Amortization and Amortization Expense. Amortization for the period is estimated to be $5,000. Required: 1. Prepare the adjusting journal entry on December 31 . 2. Post the beginning balances and adjusting entries to the following T-accounts. Complete this question by entering your answers in the tabs below. Post the beginning balances and adjusting entries to the following T-accounts Step by Step Solution
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