Adjusting Entries The Wheel Place, Inc., began operations on March 1 to provide automotive wheel alignment and balancing services. On March 31, 2012, the unadjusted balances of the firm's accounts are as follows:

THE WHEEL PLACE, INC. Unadjusted Trial Balance March 31, 2012
		Debit		Credit
Cash		$1,900
Accounts Receivable		3,820
Prepaid Rent		4,770
Supplies		3,700
Equipment		36,180
Accounts Payable				2,510
Unearned Service Revenue				1,000
Common Stock				38,400
Service Revenue				12,360
Wages Expense		3,900
Totals		$54,270		$54,270

The following information is also available:

The balance in Prepaid Rent was the amount paid on March 1 for the first 5 months rent.

Supplies on hand on March 31 were $1,820.

The equipment, has an estimated life of 3 years.

Unpaid wages at March 31 were $570.

Utility services used during March were estimated at $400. A bill is expected early in April.

The balance in Unearned Service Revenue was the amount received on March 1 from a new car dealer to cover alignment and balancing services on all new cars sold by the dealer in March and April. The Wheel Place agreed to provide the services at a fixed fee of $550 each month.

Required Prepare the adjusting entries needed at March 31 in general journal form.