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The depreciation expense on office equipment for the month of March is $100. This is the third month that the office equipment, which cost $1,100,

The depreciation expense on office equipment for the month of March is $100. This is the third month that the office equipment, which cost $1,100, has been owned. Prepare the adjusting entry to record depreciation for March and show the balance sheet presentation for office equipment and related accounts after the March 31 adjustment.


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