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Give an example of an adjusting journal entry for each of the following transactions. Provide three...

Give an example of an adjusting journal entry for each of the following transactions. Provide three correct responses:

Equal growth of an expense and a liability:

Earning of revenue that was previously recorded as unearned revenue:

Equal growth of an asset and revenue:

Increase in an expense and decrease in an asset:

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Expert Solution

please comment if you have any doubt

ekkarill92 answered 7 months ago
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