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April 18, 2014

Homework Help: accounting

Posted by kim on Tuesday, April 6, 2010 at 7:25pm.

Prepare adjusting journal entries for the year ended (or date of) December 31, 2005, for each of these
separate situations. Assume that prepaid expenses are initially recorded in asset accounts. Also assume
that fees collected in advance of work are initially recorded as liabilities.

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