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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 70
Determining Accounting Equation Effects of Adjusting Journal Entries
Refer to PA4-2.
Required:
Indicate the accounting equation effects (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.
Refer to PA4-2.
Required:
Indicate the accounting equation effects (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.
Explanation
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Verified
The accounting equation represents the r...
Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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