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Here are the adjusting and closing entries for Kakayanin Company: Adjusting Entries: 1. Expired Insurance Expense 28,000 Prepaid Insurance 28,000 2. Supplies Expense 14,400 Supplies 14,400 3. Depreciation Expense 5,800 Accumulated Depreciation 5,800 4. Earned Admissions Revenue 2,000 Unearned Admissions Revenue 2,000 5. Property Taxes Expense 3,000 Prop

Author

Kathleen Marcial

Language

EN