Vanesssajohn312 Vanesssajohn312
  • 23-05-2023
  • Business
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Identify what type of adjusting entry (Prepaid Expense, Unearned Revenue, 1 point Accrued Expense, or Accrued Revenue) is needed for the following situation: "Purchased equipment on January 1, 2020; the equipment will be used for 5 years."

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