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Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year end December 31, 2013, follow. Assume a 40% income
Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year end December 31, 2013, follow. Assume a 40% income tax. |
Debit | Credit | ||||||||
a. | Interest revenue | $ | 15,400 | ||||||
b. | Depreciation expense |
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