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Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372 Exercise 46
Determining Accounting Equation Effects of Adjusting Journal Entries
Refer to CP4-2.
Required:
Indicate the effects (account, amount, and direction) of each adjusting journal entry. Use + for increase, - for decrease, and NE for no effect. Provide an appropriate account name for any revenue and expense effects.
TIP: The first transaction is done for you as an example.
Refer to CP4-2.
Required:
Indicate the effects (account, amount, and direction) of each adjusting journal entry. Use + for increase, - for decrease, and NE for no effect. Provide an appropriate account name for any revenue and expense effects.
TIP: The first transaction is done for you as an example.
Explanation
Verified
Verified
Accounting Equation:
Transactions are r...
Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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