The following information has been taken from Shank Company's unadjusted and adjusted trial balances at October 31,

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The following information has been taken from Shank Company's unadjusted and adjusted trial balances at October 31, 2014.

Given this trial balance information, prepare the adjusting journal entries.

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Fundamental Accounting Principles

ISBN: 978-0071051507

Volume I, 14th Canadian Edition

Authors: Larson Kermit, Tilly Jensen

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Question Posted: Mar 08, 2016 07:40 AM

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The following information has been taken from Shank Company's unadjusted and adjusted trial balances at October 31,

Question:

Unadjusted Debit Credit Adjusted Debit Credit Prepaid insurance.3,100 Interest payable. Insurance expense...0 Interest expense ……… …… $2,350 $ 750 750 750

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2014 Oct 31 Insurance Expense 750 ...View the full answer

Fundamental Accounting Principles

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