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Question: Adjustment data: 1) recorded the insurance expired from item 7.2) the equipment was acquired...

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Accounting

Question: Adjustment data: 1) recorded the insurance expired from item 7.2) the equipment was acquired on December 31,2021, and will be depreciated on a straight line- basis over 5 years with a 9420 salvage value 3) the income tax rate is 30%(Hint prepare the income statement up to income before taxes and multiply by 30% to compute the amount) A. prepare journal enteries for the transactions listed above adjusting entries (credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimals places)
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