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The following is the December 3 (a) Prepare adjusting entries for the following. - The prepaid insurance on January 1 is $7,650. - Interest of

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The following is the December 3 (a) Prepare adjusting entries for the following. - The prepaid insurance on January 1 is $7,650. - Interest of 10% on notes payable, accrued but paid $3,360. - Salaries and wages earned but not paid, $2,400. - Office supplies on January 1 are $9,000. (b) Prepare closing entries

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