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Prepare adjusting entries using the following information. Show your calculations! a ) One month's insurance has expired. b ) One month's prepaid Rent has expired.
Prepare adjusting entries using the following information. Show your calculations!
a One month's insurance has expired.
b One month's prepaid Rent has expired.
c The company accrued salaries of $ that will be paid in August.
d Accrued interest on the note payable amounts to $
Also, added is the transactions for July.
It will be adjusting entries for July transactions.
Prepare journal entries to record the July transactions, show calculations
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