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On December 31, 2016, Axle Services Company Prepared the Following

Question 19

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On December 31, 2016, Axle Services Company prepared the following accrual adjustment: On December 31, 2016, Axle Services Company prepared the following accrual adjustment: Axle uses reversing entries. Prepare the reversing entry that would be prepared on January 1, 2017. Axle uses reversing entries. Prepare the reversing entry that would be prepared on January 1, 2017.

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