Exercise 4-9 The ledger of Pharoah Company on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Debit Credit $3,510 Supplies Prepaid Insurance 2,250 25,500 Equipment $7,650 Accumulated Depreciation-Equipment Notes Payable 18,800 Unearned Rent Revenue 10,750 Rent Revenue 59,500 Interest Expense Salaries and Wages Expense 14,300 An analysis of the accounts shows the following. 1. The equipment depreciates $300 per month. 2. Half of the unearned rent revenue was earned during the quarter 3. Interest of $310 is accrued on the notes payable 4. Supplies on hand total $930. 5. Insurance expires at the rate of $250 per month