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Jones Co. has counted its inventory and has calculated Inventory to have a $30,000 balance...

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Accounting

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Jones Co. has counted its inventory and has calculated Inventory to have a $30,000 balance at the end of the month. Jones also stated that its amount of unearned rent fees has been reduced by $4,000. Jones Co. had the following T account balances before adjustments. (Click the icon to view the T accounts balances before adjustments.) Update the following accounts to reflect the adjustment data for Merchandise Inventory and Unearned Rent Fees. (Leave any unused cells blank.) T accounts

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