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Prepare adjusting entry for Prepaid insurance $12,000 Business computers $25,000, 5 years useful life and no salvage value Office furniture $24,000, 10 years useful life
Prepare adjusting entry for Prepaid insurance $12,000 Business computers $25,000, 5 years useful life and no salvage value Office furniture $24,000, 10 years useful life and $3,000 salvage value Printer $3,000, 3 years useful life and no salvage value Jane has $200 worth of office supplies left by end of the year Accrued interest expense, rent and salary expenses Prepare 2021 Financial Statements Prepare Closing Entry for 2021
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