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Question 4 of 20 View Policies r > Current Attempt in Progress The ledger of Blossom, Inc. on March 31, 2027, includes the following

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Question 4 of 20 View Policies r > Current Attempt in Progress The ledger of Blossom, Inc. on March 31, 2027, includes the following selected accounts before adjusting entries. Debit Credit Prepaid Insurance $2,000 Supplies 2,000 Equipment 29,000 Unearned Service Revenue $8,500 An analysis of the accounts shows the following. 1. Insurance expires at the rate of $400 per month. 2. Supplies on hand total $1,400. 3. The equipment depreciates $300 per month. 4. During March, services were performed for two-fifths of the unearned service revenue. -/10

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