ADJUSTING. CLOSING. AND REVERSING ENTRIES A 6-column spreadsheet for Baldwin Company is shown on the next page.
Data for adjusting the accounts are as follows:
REQUIRED
1. Prepare the December 31 adjusting journal entries for Baldwin Company.
2. Prepare the December 31 closing journal entries for Baldwin Company.
3. Prepare the reversing journal entries as of January 1,20-2, for Baldwin Company.
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