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The December 31, 2024, unadjusted trial balance for the Wolkstein Drug Company is presented below. December 31 is the company's year-end reporting date. The following
The December 31, 2024, unadjusted trial balance for the Wolkstein Drug Company is presented below. December 31 is the company's year-end reporting date. The following year-end adjusting entries are required: a. Depreciation expense for the year on the equipment is $7,000. b. Salaries at year-end should be accrued in the amount of $5,000 The following year-end adjusting entries are required a. Depreciation expense for the year on the equipment is $7,000. b. Salarles at year-end should be accrued in the amount of $5,000. Required: 1. Prepare and complete a worksbeet
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