Question: Refer to Problem 2-37 in Chapter 2 for A.J. Smith Company. a. Prepare journal entries for each of the transactions and adjustments listed in the

Refer to Problem 2-37 in Chapter 2 for A.J. Smith Company.
a. Prepare journal entries for each of the transactions and adjustments listed in the problem.
b. Prepare the necessary T accounts and post the journal entries to them.
c. Prepare an adjusted trial balance.
d. Prepare the closing entries and post them to the T accounts.

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