ADJUSTMENTS: SHOW THE ENTRIES FOR THE ADJUSTMENTS INDICATED. START ON LINE 20 ALL ADJUSTMENTS ARE FOR THE MONTH OF MARCH, 2020. FILL IN THE GREEN AREAS DATE JOURNAL DEBIT CREDIT 3/1/20 SUPPLIES 4500 ACCOUNTS PAYABLE 4500 0 9 3/1/20 PREPAID INSURANCE CASH 3000 3000 10 11 12 3/1/20 CASH UNEARNED REVENUE 4200 4200 These entries were already entered 3/1/20 CASH NOTES PAYABLE 1000 1000 3/1/20 EQUIPMENT CASH 12000 12000 3/31/20 Choose Account: Choose Account: 13 14 15 10 17 TE 10 30 23 22 93 24 25 26 27 20 20 30 31 START HERE Can you make the adjustments on 3/317 FILL IN THE GREEN LINES ONLY. 1 On March 1, 2020, Clark Compary purchased supplies in the amount of $4,500. On March 31, Clark determined that there were $1,100 of supplies left MAKE THE ADJUSTING ENTRY ON 3/31/20 TO RECORD SUPPLIES USED UR 2 on March 1, 2020. Clark Company paid for a one-year Insurance policy at a cost of $3,000. On March 31. MAKE THE ADJUSTMENT TO RECORD THE INSURANCE USED UP 3/31/20 Choose Account Choose Account: 3/31/20 Choose Account: Choose Account: On March 1, 2020, Clark Company received payment for $4,200 of consulting services to be provided later in March on 331, a total of 52.400 of services have been provided. Make the ADJUSTMENT TO RECORD THE REVENUE EARNED in March 3/31/20 Choose Account: Choose Account: 4 on March 1, Clark Company borrowed 51 000 on a 6% nate payable. The note must be paid off in three months. Record one month of interest that Clark owes on March 31 MAKE THE INTEREST ADJUSTMENT 35 30 37 30 3/31/20 Choose Account: Choose Account 30 40 5. On March 1, 2020, Clark purchased a piece of equipment for $12,000 The equipment has a 5 year life. The yearly depreciation for this set is $2,400, MAKE THE ADJUSTMENT TO RECORD DEPRECIATION FOR THE MONTH OF MARCH 41