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Using the T accounts below determine: Supplies 3,100 (a) 7,300 3,000 Bal. Prepaid Insurance 16,000 (9) 21,900 19,300 Bal. Interest Payable 4,500 (c) 16,600 Bal.
Using the T accounts below determine: Supplies 3,100 (a) 7,300 3,000 Bal. Prepaid Insurance 16,000 (9) 21,900 19,300 Bal. Interest Payable 4,500 (c) 16,600 Bal. 5,400 Accounts Receivable 44,400 122,600 (d) 55,200 Bal. Deferred Revenue 19,900 31,500 Bal. 15,900 2. The cost of the supplies used during the period $ b. The cost paid to purchase new insurance policies during the period $ c. The amount of interest payable that was paid during the period $ d. The amount of cash collected from customers making payments on their accounts $ The amount of deferred revenue that was earned during the period $
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