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1/1 Your answer is partially correct. Try again The ledger of Oriole Company on March 31 of the current year includes the selected accounts below
1/1 Your answer is partially correct. Try again The ledger of Oriole Company on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared Debit $3,280 4,230 27,200 Credit Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $8,160 19,300 11,450 56,700 0 12,600 An analysis of the accounts shows the following 1. The equipment depreciates $400 per month 2. Half of the unearned rent revenue was earned during the quarter 3. Interest of $590 is accrued on the notes payable 4. Supplies on hand total $850 5. Insurance expires at the rate of $470 per month Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
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