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The following information has been gathered for Major Properties Co. to assist in preparing its year-end adjusting entries at December 31:
(a) The company has earned $2,500 of rental revenue that has not yet been received or recorded.
(b) Major had previously recorded $3,200 of unearned rental revenue. At year-end, $1,500 of this amount has been earned.
(c) Depreciation on equipment for the year is $7,800.
(d) Employees have earned but have not yet been paid $2,750 in salaries.
Identify which of the above accounting adjustment would be reversed assuming Major Properties Co. uses reversing entries.
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Strategies aimed at evading or minimizing direct confrontation with stressors, often by distancing oneself emotionally or physically.
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The act of consuming liquids, often specifically referring to the consumption of alcohol.
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A substance whose production, sale, or use is prohibited by law.
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