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Accounting

1. Journalize the six adjusting entries required at March 31, based on the data presented.

2. What would be the effect on the income statement if adjustments (a) and (f) were omitted at the end of the year?

3. What would be the effect on the balance sheet if adjustments (a) and (f) were omitted at the end of the year?

4. What would be the effect on the %u201CNet increase or decrease in cash%u201D on the statement of cash flows if adjustments (a) and (f) were omitted at the end of theyear?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9956267

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