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The ledger of Duggan Rental Agency on March 31 of the current year includes the...

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Accounting

The ledger of Duggan Rental Agency on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared.
\table[[,Debit,Credit],[Prepaid Insurance,$3,600,],[Supplies,2,800,],[Equipment,25,000,],[Accumulated Depreciation-Equipment,$8,400,],[Notes Payable,20,000,],[Unearned Rent Revenue,9,300,],[Rent Revenue,-0-,60,000],[Interest Expense,14,000,],[Salaries and Wages Expense,,]]
An analysis of the accounts shows the following.
The equipment depreciates $250 per month.
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