Debit Credit Prepaid Insurance $ 1.200 Supplies 3,500 Equipment Accumulated Depreciation-Equipment 18,750 $8,370 Notes Payable 25,000 Unearned Rent Revenue 9,000 Rent Revenue 62,000 Interest Expense Salaries and Wages Expense 0 17,000 An analysis of the accounts shows the following 1. The equipment depreciates $465 per month 2 One-third of the unearned rent revenue was earned during the quarter. 3 Interest of $625 should be accrued on the notes payable. 4. Supplies on hand total $520, 5. Insurance expires at the rate of $100 per month MacBook Air No. Date Account Titles and Explanation Debit Credit 1 Mar 31 2. Mar. 31 3. Mar 31 4. Mar 31 5. Mar 31 eTextbook and Media MacBook Air