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Required: a. On December 31, provide the journal entry for the asset revaluation. Refer to the chart of accounts for the exact wording of the
Required: a. On December 31, provide the journal entry for the asset revaluation. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. b. On December 31, provide the journal entry for Ortizs admission under the following independent situations. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit
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