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Q1. Alpine Expeditions operates a mountain climbing school in Colorado. Some clients pay in advance for services; others are billed after services have been performed. Advance payments are credited to an account entitled Unearned Client Revenue. Adjusting

Alpine Expeditions operates a mountain climbing
school in Colorado. Some clients pay in advance for services; others are billed
after services have been performed. Advance payments are credited to an account
entitled Unearned Client Revenue. Adjusting entries are performed on a monthly
basis. An unadjusted trial balance dated December 31, year 1, follows. (Bear in
mind that adjusting entries have already been made for the first 11 months of
year 1, but not for December 



















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1. Alpine Expeditions operates a mountain climbing school in Colorado. Some clients pay in advance for services; others are billed after services have been performed. Advance payments are credited to an account entitled Unearned Client Revenue. Adjusting

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