Question: Consider the entries prepared in Exercise 4-15. Requirements 1. Set up T-accounts for those accounts affected by the adjusting and closing entries in Exercise 4-15.

Consider the entries prepared in Exercise 4-15.
Requirements
1. Set up T-accounts for those accounts affected by the adjusting and closing entries in Exercise 4-15.
2. Post the adjusting and closing entries to the accounts; denote adjustment amounts by Adj, closing amounts by Clo, and balances by Bal. Double underline the accounts with zero balances after you close them, and show the ending balance in each account.

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