E- The ledger ofHoward Rental Agency on March 3 I ofthe current. year includes the selected acemmts below before adjusting entries have been prepared. Debit Credit Supplies 5 3,IIJD Prepaid Insurance 3 ,600 Equipment 25,000 Accumulated DepreciamiEqufpment 3 8,400 Notes Payable 20,000 Unearned Rent. Revenue 12,400 Rent Revenue 60,000 Interest Expense 0 Salaries and Wages Expense 14,000 An analysis of the accounts shows the following. 1. The equipment depreciates $280 per month. 2. Halfof'the unearned rent revenue was earned during the quarter. 3. Interest of 3400 is accrued on the notes payable. 4. Supplies ornhand total $850. 5. Insurance expires at the rate of 3400 per month. helium: Prepare the adjusting entries at Marsh 3 l, assuming that adjusting entries are made quarterly. Additional accounts are Depreciation Expense, Insuranoe Expense, Interest Payable, and Supplies Expense