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Question Three: Faisal Services prepares financial statements quarterly. Below are selected accounts from the firm's ledger on June 31, 2016: - Assume all accounts have

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Question Three: Faisal Services prepares financial statements quarterly. Below are selected accounts from the firm's ledger on June 31, 2016: - Assume all accounts have normal balance. Other data: 1. The equipment depreciates 400 SAR per month. 2. One-third of the unearned rent revenue was earned during the quarter. 3. Interest of 500SAR is accrued on the notes payable. 4. Supplies on hand total 900 SAR. 5. Insurance expires at the rate of 200 SAR per month

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