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  3. 1. 2. depreciation on equipment is $900 for the ac

1. 2. Depreciation on equipment is $900 for the accounting period. There was no beginning...

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Accounting

1. 2. Depreciation on equipment is $900 for the accounting period. There was no beginning balance of supplies and purchased $500 of supplies during the period. At the end of the period $150 of supplies were on hand. 3. Prepaid rent had a $1,000 normal balance prior to adjustment. By year end $400 was unexpired. No. Account Titles and Explanation 1. 2. 3. Debit Credit

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