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Prepare any necessary adjusting entries at December 31, 2015, for Piper 1. Piper Company records an adjusting entry for $10,000,000 of previously unne Company's year-end

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Prepare any necessary adjusting entries at December 31, 2015, for Piper 1. Piper Company records an adjusting entry for $10,000,000 of previously unne Company's year-end financial n current statements for each of the following separate transactions and events. es (cost- ing $5,000,000) and its sales taxes at a rate of 4%. 2. The company earned omd so00 .eed in abvance for servcs

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