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2 of 2 < View Policies Current Attempt in Progress -13 E The ledger of Concord Corporation on March 31 of the current year includes

2 of 2 < View Policies Current Attempt in Progress -13 E The ledger of Concord Corporation on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Debit Credit Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue $3,560 2.790 25,800 $7,740 21.900 10,800 Rent Revenue $7,000 Interest Expense 0 Salaries and Wages Expense 14,400 1556 22C 2022/2/8 Question 2 of 2 < An analysis of the accounts shows the following 1. The equipment depreciates $270 per month 2. Half of the unearned rent revenue was earned during the quarter 3. Interest of $450 is accrued on the notes payable. 4. Supplies on hand total $880 5. Insurance expires at the rate of $310 per month 13 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 O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Date Account Titles and Explanation 1. Mar. 31 Debit Credit 1556 Question 2 of 2 2. Mar. 31 3. Mar. 31 4. Mar. 31 5. Mar. 31 List of Accounts > 13 1557 22

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