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Unformatted text preview: Bryant is trying to prepare monthly financial statements. Below is some information related to unrecorded expenses that the business incurred during August. 1. At August 31, Bryant owed his employees wages that will be paid on September 1 in the amount of 2. At the end of the month he had not yet received the monthly utility bill. Based on past experience, he 3. On August 1, Bryant borrowed money from a local bank. The amount was: Instructions: Prepare the adjusting entries as of August 31, 2010, suggested by the information above....
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- Spring '08