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The adjusted trial balance of Victoria's Secret includes the following balance sheet accounts that frequently require adjustment. For each balance sheet account, indicate (a) the
The adjusted trial balance of Victoria's Secret includes the following balance sheet accounts that frequently require adjustment. For each balance sheet account, indicate (a) the type of adjusting entry choosing from the following i. prepaid expenses (PE) ii. unearned revenues (UR) ili. accrued revenues (AR) iv. accrued expenses (AE) (b) the related income statement account in the adjusting entry Type of Adiusting Entry Related Account Balance Sheet Account 1. Supplies 2. Accounts Receivable 3. Accumulated Depreciation- Pt SERVICE REVENUE Equipment 4. Interest Payable AE. Tateest Expenses 2)
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