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Be Careful X Company's accountant made adjusting entries at the end of the year to record the following: $18,630 of depreciation, $1,195 of unpaid interest
Be Careful X Company's accountant made adjusting entries at the end of the year to record the following:
$18,630 of depreciation,
$1,195 of unpaid interest on a bank loan,
$597 of wages that were earned by employees but not paid, and
$1,130 of insurance that expired.
As a result of these entries, total equities decreased by____?
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