Exercise 4-9 The ledger of Whispering Winds Corp. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Debit Credit Supplies $3,040 Prepaid Insurance 3,870 Equipment 24,800 Accumulated Depreciation--Equipment $7,440 Notes Payable 21,800 Unearned Rent Revenue 10,700 Rent Revenue 60,900 Interest Expense 0 Salaries and Wages Expense 14,300 An analysis of the accounts shows the following 1. The equipment depreciates $340 per month. 2. Half of the uneared rent revenue was earned during the quarter. 3. Interest of $480 is accrued on the notes payable. Supplies on hand total $950, 5. Insurance expires at the rate of $430 per month Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly (ur na entry is required, select "No Entry" for the accour amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly (If no entry is required, atlect "No Entry for the account trees and enter for en amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Mar. 31 2.31 3. Mw.1 4. Mar 31 Click if you would like to show Work for this question on www