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Mention one of the adjusting entry a service type company shall make. Do not use a...

Mention one of the adjusting entry a service type company shall make. Do not use a wage accrual. I need:

1. A description of the adjusting entry and why your company might need to make it.

2. Record the entry, in the proper journal entry format, including the dates, account titles, debit and credit amounts. If there was an initial entry in another period, provide that as well.

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