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The ledger of Herrera, Inc. on March 3 1 , 2 0 2 2 , includes the following selected accounts before adjusting entries. table
The ledger of Herrera, Inc. on March includes the following selected accounts before adjusting entries.
tableDebit,CreditPrepaid Insurance,SuppliesEquipmentUnearned Service Revenue,,
An analysis of the accounts shows the following.
Insurance expires at the rate of $ per month.
Supplies on hand total $
The equipment depreciates at $ per month.
During March, services were performed for twofifths of the unearned service revenue.
Prepare the adjusting entries for the month of March. Credit account titles are automatically indented when the amount is entered. Do not indent manually.
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