REM Consulting is completing the accounting information processing at the end of the fiscal year, December 31. The following trial balances are available. 
(a) Reconstruct the adjusting entries and give a brief explanation of each.
(b) What is the amount of net income?
Definitions:
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The final part of something, typically a document, speech, or thought, summarizing or bringing it to an end.
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Fundamental requirements or necessities essential for an individual's well-being and to lead a healthy life.
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