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Required information [The following information applies to the questions displayed below.) Hoffman, Inc. adjusts its books each month but closes its books at the end

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Required information [The following information applies to the questions displayed below.) Hoffman, Inc. adjusts its books each month but closes its books at the end of the year. The trial balance at March 31 before adjustments is as follows: Credit Debit $ 11,000 9,700 1,380 3,440 30, 600 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation: Equipment Unearned Service Revenue Capital Stock Retained Earnings Dividends Service Revenue Earned Salaries Expense Utilities Expense Rent Expense $ 12,240 6,900 5,600 23,800 1,640 19,590 8,200 470 1,700 $ 68,130 $ 68,130 Employees are owed $830 for services since the last payday in March, to be paid the first week in April. The amount to be reported in the March income statement for salaries expense is: Employees are owed $830 for services since the last payday in March, to be paid the first week in April. The amount to be reported in the March income statement for salaries expense is: Multiple Choice $8,200. $9.030 $7,370 $830

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