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Really stuck! Please help me calculate, will vote for like! = 6. Please help farmer Lupe calculate the following accrual adjustments in the table (change
Really stuck! Please help me calculate, will vote for like!
= 6. Please help farmer Lupe calculate the following accrual adjustments in the table (change in value portion). I completed the first example to help you...(2 points; .5 point per highlighted box) Beginning of the Year End of the Change in Item (+ or -) Value (+ or -) year value value Crop Inventory $25,600 + 32,300 $6,700 Accounts Receivable $11.250 $10,350 Accounts Payable $1,600 $2,200 Accrued Interest $2,300 $1,200 Prepaid Expense $310 $940 = = = 7. Explain the difference for accrual adjustments for prepaid expenses and accounts payable. Why are these treated differently? (3 points)Step by Step Solution
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