Supplies $6,600 Prepaid Insurance 7,920 Equipment 55,000 Accumulated Depreciation-Equipment $18,480...

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Accounting

Supplies
$6,600
Prepaid Insurance
7,920
Equipment
55,000
Accumulated Depreciation-Equipment
$18,480
Notes Payable
44,000
Unearned Rant Revenue
Rent Revenue
27,280
132,000
Interest Expense
0
Salaries and Wages Expense
30,900
An analysis of the accounts shows the following.
The equipment depreciates $616 per month.
Half of the uneamed rent ravenue was earned during the quarter.
Interest of $880 is accrued on the notes payable.
Supplies on hand total $1,870.
Insurance expirss at the rate of $880 par month.
Prapars the adjusting entries at March 31, assuming that adjusting entries ars made quarterly. (List all debit entijes before credit entries, the amount is entered. Do not indert manualify)
No. Date Account Titles and Explanation
Debit
Credit
Mar 31
Depredatlon Expense
Acsumulatsd Dspraclatlan-Equlprant
,31
Unsamed Ront Revanus
Mar.
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