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14-03-2024
Business

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The total assets on the balance sheet were 128,800 before journalizing and posting the adjusting entries for 800 of expired insurance, 2,400 of expired rent and 900 of depreciation. What are the total assets after journalizing and posting the adjusting?
1) 128,000
2) 127,900
3) 126,400
4) 124,700

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