Exercise 4-9 The ledger of Oriole Company on March 31 of the current year indudes the selected accounts below before adjusting entries have been prepared Debit Credit $3,280 4,230 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue $8,160 19,300 11,450 56,700 Rent Revenue Interest Expense Salaries and Wages Expense 12,600 An analysis of the accounts shows the following. 1 The equipment deprecdiates $400 per month. 2. Half of the unearned rent revenue was earned during the quarter 3. Interest of $590 is accrued on the notes payable. 4. Supplies on hand total $850. 5. Insurance expires at the rate of $470 per month Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manualiy) search 5 6 7 8 CALCULATOR FULL SCREEN | | PRINTER VERSION RA Insurance expires at the rate of $470 per month. epare the adjusting entries at March 31, assuming that ad les and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manualy) justing entries are made quarterly. (if no entry is required, select "No Entry" for the acco Date o. , Mar. 31 Account Titles and Explanation Debit Credit 2. Mar. 31 3. Mar. 31 4. Mar. 31 5. Mar. 31 arch