Assets Supplies Acc. Depr.- Equip. Prepaid Insurance Equip Bal. 2,700 3,240 22,500 - 7,560 1 2 2. 3. 4 5. Assets Liabilities Stockholders' Equity . Depre Equip Int. Prepd Insur. Unearn. Rent Rev. Notes Pay. Pay Supplies + Retained Earnings Com + Stock + Rev. Exp. Div + Equip. + Bal. 2,700 3,240 22,500 18,000 11,160 7,560 An analysis of the accounts shows the following 1. 2. 3. The equipment depreciates $ 254 per month Half of the rental services related to unearned rent revenue was provided during the quarter, Interest of $ 360 is accrued on the notes payable. Supplies on hand total $ 765. Insurance expires at the rate of $ 360 per month 4. 5