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Credit Debit $5,700 6,840 47,500 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $15,960

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Credit Debit $5,700 6,840 47,500 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $15,960 38.000 23,360 114,000 0 26,600 An analysis of the accounts shows the following. 1. 2. .3. The equipment depreciates $532 per month. Half of the unearned rent revenue was earned during the quarte Interest of $760 is accrued on the notes payable. Supplies on hand total $1,615. Insurance expires at the rate of $760 per month. 4. 5. Debit Credit No. Date Account Titles and Explanation Mar 1. 31 2. Mar. 31 Mar 31 Mar 31 5. Mar 31 No. Date Account Titles and Explanation Debit Credit Mar 1. 31 2 Mar 31 3. Mar 31 4. Mar. 31 5 Mar 31

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