Question: Part 3 Only Please. ADJUSTING, CLOSING, AND REVERSING ENTRIES Prepare entries for (a), (b), and (c) listed below using two methods. First, prepare the entries

 Part 3 Only Please. ADJUSTING, CLOSING, AND REVERSING ENTRIES Prepare entries

Part 3 Only Please.for (a), (b), and (c) listed below using two methods. First, prepare

ADJUSTING, CLOSING, AND REVERSING ENTRIES Prepare entries for (a), (b), and (c) listed below using two methods. First, prepare the entries without making a reversing entry. Second, prepare the entries with the use of a reversing entry. Use T-accounts to assist your analysis. (a) Wages paid during 20-1 are $20,080. (b) Wages earned but nor paid (accrued) as of December 31, 20-1, are $280. (c) On January 3, 20-2, payroll of $840 is paid, which includes the $280 of wages earned but not paid in December

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