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Business, 15.07.2020 03:01 angellynn50

At the end of the year, Drew Co. made 4 adjusting journal entries for the following items: 1. Depreciation expense, $25,000. 2. Expired insurance, $2,200 (originally recorded as prepaid insurance). 3. Interest payable, $6,000. 4. Rental revenue receivable, $10,000. In the normal situation, to facilitate subsequent entries, the adjusting entry or entries that may be reversed is (are):

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At the end of the year, Drew Co. made 4 adjusting journal entries for the following items: 1. Deprec...
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