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D Current Attempt in Progress Swifty Company has the following balances in selected accounts on December 31, 2022. Accounts Receivable Accumulated Depreciation-Equipment $0 0

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D Current Attempt in Progress Swifty Company has the following balances in selected accounts on December 31, 2022. Accounts Receivable Accumulated Depreciation-Equipment $0 0 Equipment 5,880 Interest Payable 0 Notes Payable 8,400 Prepaid Insurance 1,764 Salaries and Wages Payable Supplies 2,058 Unearned Service Revenue 25,200 All the accounts have normal balances. The following information has been gathered at December 31, 2022. 1. 2. Swifty Company borrowed $8,400 by signing a 12%, one-year note on September 1, 2022. Interest will be p- is repaid. A count of supplies on December 31, 2022, indicates that supplies of $756 are on hand.

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