For each of the transactions in M4-6. indicate the amounts and direction of effects of the adjusting
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For each of the transactions in M4-6. indicate the amounts and direction of effects of the adjusting cutis on the elements of the balance sheet and income statement Using the following format, indicate *
tor increase. for decrease, and NE for no effect.
Transcribed Image Text:
BALANCE SHEET Transaction Assets Liabilities Stockholders' Equity a. b. C. INCOME STATEMENT Net Revenues Expenses Income
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