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selected revenue) is needed E3.6 (LO 2, 3), AN Verne Cova Company has the following balances in selected accounts on Dece 31, 2022. Accounts

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selected revenue) is needed E3.6 (LO 2, 3), AN Verne Cova Company has the following balances in selected accounts on Dece 31, 2022. Accounts Receivable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries and Wages Payable Supplies Unearned Service Revenue -0- -0- 7,000 -0- 10,000 2,100 -0- 2,450 30,000 All the accounts have normal balances. The following information has been gathered at December 31, 1. Verne Cova Company borrowed $10,000 by signing a 12%, 1-year note on September 1, 2022. Ins will be paid when the note is repaid. 2. A count of supplies on December 31, 2022, indicates that supplies of $900 are on hand. 3. Depreciation on the equipment for 2022 is $1,000. 4. Verne Cova paid $2,100 for 12 months of insurance coverage on June 1, 2022.

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