9. What are the four basic types of adjusting entries? Give an example of each. 10. What are the rules of debit and credit as they apply to the contra-asset account Accumulated Depreciation? 11. Which of the following steps in the accounting cycle requires the most thought and judgment by the accountant: (a) preparing a trial balance, (b) posting adjusting and closing entries, or (c) analyzing and recording transactions? Explain your answer.
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