Ch 05 Ex 5-3 On January 31, 2019, the general ledger of Palmer Company showed Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accum. Depr.-Equip. Accounts Payable Sadie Palmer, Capital Fees Income Depreciation Exp.-Equip. Insurance Expense Rent Expense Salaries Expense Supplies Expense 61,680 21,180 7,680 6,880 98,180 28 points 5 15,380 88,5se 118,980 eBook 9,280 9,458 2 Additlonal Information: a. Supplies used during January totaled $5.000. b. Expired insurance totaled $1.700 c. Depreciation expense for the month was $1,475