Need to be done soon!! M4-5 Determine Accounting...
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Accounting
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M4-5 Determine Accounting Equation Effects of Deferral Adjustments ILO 42] the adjustments required at the end of the month on October 31 Liabilities, or Stockholders Equity with a minus sign) Sky (Enter any decreases to Assets, a Collected $2,580 rent for the period October 1 to December 31, which was credled to Uneaned on October 1 b. Paid $1.344 for a two-year insurance premium on October 1 and debilted Prepaid Insurance for that C. Used a machine purchased on October 1 for $55,200. The company estimates annual depreciation of amount $5,520 Desktop
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