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< G education.wiley.com scary halloween costumes for co... w Chapter 3 Homework WNWP Assessment Player UI Appli... Player wildhorse company balance she... + Chapter
< G education.wiley.com scary halloween costumes for co... w Chapter 3 Homework WNWP Assessment Player UI Appli... Player wildhorse company balance she... + Chapter 3 Homework Question 1 of 4 < > - / 25 Current Attempt in Progress Wildhorse Company has the following balances in selected accounts on December 31, 2022. Accounts Receivable Accumulated Depreciation-Equipment $0 0 Equipment 6,000 Interest Payable 0 Notes Payable 11,000 Prepaid Insurance 2,880 Salaries and Wages Payable 0 Supplies Unearned Service Revenue 2,200 30,000 All the accounts have normal balances. The information below has been gathered at December 31, 2022. Interest will be paid when the note is repaid. 1. Wildhorse Company borrowed $9,200 by signing a 9%, one-year note on September 1, 2022. 2. A count of supplies on December 31, 2022, indicates that supplies of $990 are on hand. 3. Depreciation on the equipment for 2022 is $2,200. 4. Wildhorse paid $2,880 for 12 months of insurance coverage on June 1, 2022.
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