Debit $	Credit $
Prepaid insurance	28080
Supplies	16800
Equipment	195000
Accumulated depreciationequipment		39000
Bank loan		156000
Rent revenue received in advance		72540
Rent revenue		468000
Wages expense	109200

An analysis of the accounts shows the following adjustments that need to be made:

1. The equipment depreciates $3250 per month.
2. The rent revenue received in advance was for 9 months commencing 1 June.
3. Interest of $1950 is accrued on the bank loan.
4. Supplies on hand total $5600.
5. The benefits of prepaid insurance expire at the rate of $2340 per month.

Required

Prepare the adjusting entries at 30 June 2019.