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3. Prepaid rent had a $1.000 normal balance prior to adjustment. By year end $400 was unexpired. No. Account Titles and Explanation Debit Credit 1.

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3. Prepaid rent had a $1.000 normal balance prior to adjustment. By year end $400 was unexpired. No. Account Titles and Explanation Debit Credit 1. Depreciation Expense 900 900 Accumulated Depreciation Equipment 2 450 Supplies Expense Supplies 450 3

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