Question: Consider the data in Figure 5.25 for Daisy's Dance Studio: Insurance expired, $100. Dance supplies on hand, $1,100. Depreciation on dance equipment, $2,000. Salaries earned

Consider the data in Figure 5.25 for Daisy's Dance Studio: Insurance expired, $100. Dance supplies on hand, $1,100. Depreciation on dance equipment, $2,000. Salaries earned by employees but not to be paid until October, $1,000. Your task is to do the following: Prepare a worksheet. Journalize adjusting and closing entries
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