(Solved by Humans)-Problem 3-3A Preparing adjusting entries, adjusted trial balance, and financial statements L.O....
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Problem 3-3A Preparing adjusting entries, adjusted trial balance, and financial statements L.O. A1, P1, P2, P3[The following information applies to the questions displayed below.] Watson Technical Institute (WTI), a school owned by Tom Watson, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2011, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31, 2011, follow.
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This question was answered on: 10 May, 2025
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