Exercise 4-9 The ledger of Wildhorse Co. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Debit Credit Supplies $3,410 Prepaid Insurance 3,690 Equipment 28,100 Accumulated Depreciation-Equipment $8,430 Notes Payable 21,500 Unearned Rent Revenue 11,500 Rent Revenue 56,300 Interest Expense Salaries and Wages Expense 14,500 An analysis of the accounts shows the following. 1. The equipment depreciates $400 per month. Half of the unearned rent revenue was earned during the quarter. 2. Interest of $470 is accrued on the notes payable. 3. Supplies on hand total $810. 4. S. Insurance expires at the rate of $410 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 automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation No. Ihsurance expires at the rate of $410 per month. CALCULATOR FULL SCREEN BACK epare 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 0 for the amounts a utomatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Mar 31 2. Mar. 31 3. Mar. 31 4 Mar. 31 Mar. 31 5. Open Show Work Click if vou would ike to Show Work for this question 2000 2015 shn wey &Sens Jo Al Rights eserved A Divson of uho wey & Seos Joc Povacy Policy ucense Agcesment