The data listed below were obtained from an analysis of the accounts of Noble Distributor Company as of March 31, 2002, in preparation of the annual report. Noble records current transactions in nominal accounts. What are the appropriate adjusting entries?

(a) Prepaid Insurance has a balance of \($14,100.\) Noble has the following policies in force:

(b) Unearned Subscription Revenue has a balance tions were collected in the current year There of \($56,250.\) The following subscripare no other unexpired subscriptions.

(c) Interest Payable has a balance of \($825.\) Noble owes a 10%, 90-day note for \($45,000\) dated March 1,2002.

(d) Supplies has a balance of \($2,190.\) An inventory of supplies revealed a total of \($1,410\).

(e) Salaries Payable has a balance of \($9,750.\) The payroll for the 5-day workweek ended April 3 totaled \($11,250\).

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Policy Date 1/1/02 Term 2 years A&C B 12/1/01 6 months 7/1/019 3 years Cost $ 3,600 15 Coverage Shop equipment 1,800 3 Delivery equipment 12,000 35753 Buildings