Complete the following chart summarizing adjusting entries. The first category of adjusting entries has been completed for you.

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Q124: A company has $500 in Supplies before
Q125: The Prepaid Rent account has a $20,000
Q126: Indicate if the following transactions adjust a
Q127: Net income for the period appears on
Q128: ABC Company owes the bank $40,000 on
Q130: The beginning balance of retained earnings appears
Q131: At December 31, the ABC Company owes
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Q133: For the year ended, December 31, 2012,
Q134: Prepare the following adjusting journal entries for
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