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Required information [The following information applies to the questions displayed below.) Mobo, a wireless phone carrier, completed its first year of operations on October 31.

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Required information [The following information applies to the questions displayed below.) Mobo, a wireless phone carrier, completed its first year of operations on October 31. All of the year's entries have been recorded, except for the following: a. At year-end, employees earned wages of $6,000, which will be paid on the next payroll date, November 6. b. At year-end, the company had earned interest revenue of $3,000. It will be collected December 1. 3. Show the accounting equation effects of each required adjustment (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) Transaction Assets Liabilities Stockholders' Equity b 05

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