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Business, 18.09.2019 22:30 thalia17

The ledger of tamarisk rental agency on march 31 of the current year includes the following selected accounts before adjusting entries have been prepared. debit credit prepaid insurance $3,864 supplies 2,637 equipment 23,780 accumulated depreciation-equipment $8,654 notes payable 18,800 unearned rent revenue 4,980 rent revenue 56,670 interest expense –0– salaries and wages expense 15,100 an analysis of the accounts shows the following. 1. the equipment depreciates $250 per month. 2. one-third of the unearned rent was earned as revenue during the quarter. 3. interest of $520 is accrued on the notes payable. 4. supplies on hand total $585. 5. insurance expires at the rate of $322 per month. prepare the adjusting entries at march 31, assuming that adjusting entries are made quarterly. additional accounts are depreciation expense, insurance expense, interest payable, and supplies expenses. (

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The ledger of tamarisk rental agency on march 31 of the current year includes the following selected...
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