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25C Minty sunny The ledger of Sandhill Rental Agency on March 31, 2024 includes the following selected accounts before preparing quarterly adjusting entries: Supplies
25C Minty sunny The ledger of Sandhill Rental Agency on March 31, 2024 includes the following selected accounts before preparing quarterly adjusting entries: Supplies Prepaid insurance Equipment Accumulated depreciation-equipment Unearned revenue Notes payable Rent revenue Salaries expense Debit Credit $15,000 3.600 39840 $9.960 9:200 24,000 32,400 15.000 An analysis of the accounts shows the following: 1 The equipment has a four-year useful life. 2 One-quarter of the unearned rent is still unearned on March 31, 2024, hp ING
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