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Problem 4-5A (Algo) Preparing financial statements and closing entries LO C1, P2 The...

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Accounting

Problem 4-5A (Algo) Preparing financial statements and closing entries LO C1, P2
The adjusted trial balance of Karise Repairs on December 31 follows.
\table[[Aumber,\table[[KARISE REPAIRS],[Adjusted Trial Balance],[December 31]],Debit,Credit],[\table[[101],[124]],\table[[Cash],[office supplies]],1,600,],[\table[[124],[128]],\table[[Office supplies],[Prepaid insurance]],2,550,],[\table[[128],[167]],\table[[Prepaid insurance],[Equipment]],51,000,],[\table[[16?
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