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The information on a work sheet can be used to prepare O Year end financial statements O Adjusting entries O Closing entries O Interim financial

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The information on a work sheet can be used to prepare O Year end financial statements O Adjusting entries O Closing entries O Interim financial statements O All of these A company shows an $800 balance in Prepaid Insurance in the Unadjusted Trial Balance columns of the work sheet. The Adjustments columns show expired insurance of $600. This adjusting entry results in * O $600 less profit O $600 more profit $200 difference between the debit and credit columns of the unadjusted trial balance O $400 in the income Statement Debit column on the work sheet O $400 in the Balance Sheet Credit column on the work sheet

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