Question: (CASE STUDY) - Adjusting the Accounts It is known that the balances of several accounts at ABC Company as of December 31, 2015: Account Receivable

(CASE STUDY) - Adjusting the Accounts It is known that the balances of several accounts at ABC Company as of December 31, 2015: Account Receivable E - 0 - Accumulated Depreciation - 0 - Equipment 7,000 Interest Payable - 0 - Notes Payable 8.000 Prepaid Insurance 2,100 Salaries and Wages Payable - 0 - Supplies 2,450 Unearned Service Revenue 30,000 Each of the accounts listed above has a normal balance in the general ledger. The following is additional information to know as of December 31, 2015

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