Question: Beta Alloys made the following adjusting journal entries on December

Beta Alloys made the following adjusting journal entries on December 31, 2014.


REQUIRED:
Classify each adjusting entry as either an accrual adjustment (A) or a cost expiration adjustment (C), and indicate whether each entry increases (+), decreases (–), or has no effect (NE) on assets, liabilities, shareholders’ equity, revenues, and expenses. Organize your answer in the following way. The first journal entry has been done foryou.
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  • CreatedAugust 19, 2014
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