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Can someone explain this to me:

I am given the adjusted and unadjusted trail balances for a company on March 31, 2010. I am suppose to journalize the five entries that adjusted the accounts at...

I take online classes that are self-paced. I am not looking for an answer just an explanation. Please do not answer to posts that you have no intention to help with.

I am having trouble with this whole concept and problem, so if someone would walk me through it and explain it that would be great:

The prepaid insurance account had a balance of $5,400 at the...