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The ledger of Buerhle, Inc. on March 31, 2010, includes

The ledger of Buerhle, Inc. on March 31, 2010, includes the following selected accounts before adjusting entries.An analysis of the

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The ledger of Buerhle, Inc. on March 31, 2010, includes the following selected accounts before adjusting entries.An analysis of the accounts shows the following:1. Insurance expires at the rate of $300 per month.2. Supplies on hand total $900.3. The office equipment depreciates $500 per month.4. 2/5 of the unearned revenue was earned in March.Prepare the adjusting entries for the month ofMarch.

Transcribed Image Text:

Debit 2,400 2.500 Credit Prepaid Insurance Office Supplies Office Equipment 30,000 Unearned Revenue 10,000

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1 Insurance Expense 300 Prepaid Insurance 300 To record insurance expire…View the full answer

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