Requirements - 1. Journalize the adjusting entries needed on December 31 for Mitchell Fishing Charters. Assume Mitchell records adjusting entries only at the end of the year. 2. If Mitchell had not recorded the adjusting entries, indicate which specific category of accounts on the financial statements would be misstated and if the misstatement is overstated or understated. Print Done Requirements - 1. Journalize the adjusting entries needed on December 31 for Mitchell Fishing Charters. Assume Mitchell records adjusting entries only at the end of the year. 2. If Mitchell had not recorded the adjusting entries, indicate which specific category of accounts on the financial statements would be misstated and if the misstatement is overstated or understated. Print Done