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Current Attempt in Progress The ledger of Oriole, Inc. on March 31, 2022. includes the following selected accounts before adjusting entries. Debit Credit Prepaid
Current Attempt in Progress The ledger of Oriole, Inc. on March 31, 2022. includes the following selected accounts before adjusting entries. Debit Credit Prepaid Insurance $2,200 Supplies 2,400 Equipment 30,800 Unearned Service Revenue $8,800 An analysis of the accounts shows the following 1 Insurance expires at the rate of $440 per month. 2 Supplies on hand fotal $1.500. 3. The equipment depreciates $300 per month. 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the adjusting entries for the month of March. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Date Account Titles and Explanation Debit Credit 1 Mar. 31 (To record insurance expired)
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