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Homework answers / question archive / G)Depreciation on equipment was $2,500
G)Depreciation on equipment was $2,500. 1. Prepare the adjusting journal entries for Xander Corporation. 2. Open T-accounts for all of the trial balance accounts and post the adjusting entries into the T-accounts and determine ending balances for all accounts. HINT: Your debits & credits will each equal $180,925. 3. Prepare an adjusted trial balance. 4. Prepare closing entries.