Current Attempt in Progress

The ledger of Tamarisk, Inc. on March $31,2025,$ includes the following selected accounts before adjusting entries.

An analysis of the accounts shows the following.

Insurance expires at the rate of $$270$ per month.

Supplies on hand total $$945.$

The equipment depreciates at $$150$ per month.

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. If no entry is required, select $"$No Entry" for

the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent

manually.$)$

No$.$ Account Titles and Explanation

Credit

$1$

Current Attempt in Progress

The adjusted trial balance for Sheffield Company is given below: $($a$)$

Prepare the income statement for the year ended August $31.$

SHEFFIELD COMPANY

Income Statement

$