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The inventory of supplies on hand at December 31, 20--, was $230. The 4-month insurance premium of $1, 800 was purchased on December 1, 20--.

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The inventory of supplies on hand at December 31, 20--, was $230. The 4-month insurance premium of $1, 800 was purchased on December 1, 20--. The $34,000 of equipment was purchased on January 1, two years ago. It has a salvage value of $2,000. Straight-line deprecation was used to compute deprecation at the end of last year. Wages accrued at December 31, 20--, were $3, 700. Omit explanations. If an amount box does not require, leave it blank

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