Prepare the necessary adjusting entries on December 31, 2013, based on the following unadjusted and adjusted trial balances.
Definitions:
Diversify Risk
The strategy of spreading investments across various financial instruments, industries, or other categories to reduce risk.
Synergies
The additional value created by combining two companies or entities, often realized through cost savings, increased revenues, or enhancements in productivity.
Cost of Equity
The return a company theoretically pays to its equity investors, i.e., shareholders, to compensate for the risk they undertake by investing their capital.
Acquisition
The process of acquiring control of another company by purchasing its shares or assets.
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