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    Financial and Managerial Accounting
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    Exam 4: Completing the Accounting Cycle
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    On December 31,2014,Axle Services Inc
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On December 31,2014,Axle Services Inc

Question 65

Question 65

Essay

On December 31,2014,Axle Services Inc.prepared the following accrual adjustment:
On December 31,2014,Axle Services Inc.prepared the following accrual adjustment:    Axle uses reversing entries.Prepare the reversing entry that would be prepared on January 1,2015. Axle uses reversing entries.Prepare the reversing entry that would be prepared on January 1,2015.

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