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Name ID Signature
Easin Mohammad Roman 193-004-067
Department: MBA
Summer – 2020
(a) Journalize the adjusting entries at June 30. (Assume adjustments are recorded every 6
months.)
Answer:
Adjusting Journal
Answer:
Income Statement
for the 6-Months Ended June 30, 2018
Expenses:
Explanation Amount
Owner's Capital $22000
Add: Net Income $18725
Owner's Capital ,June 30 $40,725
Balance Sheet
June 30, 2018