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Blondebombshell Blondebombshell
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Posts: 342
5 years ago
The December 31 financial statements of Jagger Company included the effects of the following transactions:

a. Wages of $6,800 were recorded. These wages will be paid on January 2.
b. Interest expense of $750 that will be paid on February 1 was recorded.
c. Interest revenue of $300 that will be paid on March 1 was recorded.

Required: Prepare the reversing entries for these transactions.
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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mentment
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Posts: 197
5 years ago
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5 years ago
found this very helpful thank you
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