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Watson sales was incorporated on 5/1/Y1 and began operations on 8/1/Y1. The last time any bookkeeping work was completed was on Friday, 12/15/Y2, and adjusting entries were last made on 9/30/Y2. Today is 12/31/Y2; the general ledger balances as of that date are shown below.
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Watson sales was incorporated on 5/1/Y1 and began operations on 8/1/Y1. The last time any bookkeepin...
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