Debit Credit Prepaid Insurance $3,828 Supplies 2,756 Equipment 25,340 Accumulated Depreciation-Equipment $9,072 Notes Payable 20,800 Unearned Rent Revenue 8,640 Rent Revenue 59,200 Interest Expense Salaries and Wages Expense -0- 13,920 An analysis of the accounts shows the following. 1. The equipment depreciates $270 per month. 2. One-third of the unearned rent was recognized as revenue during the quarter. 3. Interest of $520 is accrued on the notes payable. 4. Supplies on hand total $661. 5. Insurance expires at the rate of $319 per month