(Reconstructing adjusting entries, LO 2, 4,5) The spreadsheet below provides the balances in Smithers Inc.s accounts on...

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(Reconstructing adjusting entries, LO 2, 4,5) The spreadsheet below provides the balances in Smithers Inc.’s accounts on May 31, 2006, before and after the adjusting entries have been made.

Required:

Reconstruct the adjusting entries that were made to Smithers Inc.s spreadsheet on May 31, 2006.

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