Cash	Debit	Credit
Accounts receivable	$0
Supplies	15,250
Prepaid Insurance	5,000
Equipment	180,000
Accumulated Depreciation - Equipment		$65,000
Notes Payable		60,000
Unearned Rent Revenue		42,000
Rent Revenue		100,000
Interest Expense	0
Salaries Expense	15,000
Dividends	5,000

After some analysis, The accounting manager determines the following:

1. A physical count of supplies reveals $1,200 on hand.
2. 25% of the unearned rent revenue was earned in January.
3. A one-year $60,000 promissory note was signed by the CFO on January 15 at an annual rate of 12%. Interest and principal will be paid on January 15, 2021.
4. Insurance expires at a rate of $200 per month.
5. Equipment depreciates at a rate of $12,000 per year.

Using the above information, prepare month-end adjusting entries in good form.