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eoeBayPlay Free Gam Suggested Sites Basebal Tutorials Me Web Slice Gallery GobiernoUSA.govC Careers and Career Ir USA.gov CenterPoint EnergyCharles SchwabGre PLUS weygandt, Financial Accounting, 10e PRI , Study & Practice Gradebook ORION Downloadable eTextbook Open Assignment CALCULATOR MESSAGE MY INSTRUCTOR FULL NT Exercise 3-7 The ledger of Larkspur, Inc. on March 31 of the current year includes the selected accounts, shown below, before quarterly adjusting entries have b ercise 3-5 Debit Credit Prepaid Insurance $1.800 50 3-8 Supplies Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue 3,600 31,250 $8,700 21,000 9,600 62,000 Score y Results by Rent Revenue Interest Expense Salaries and Wages Expense An analysis of the accounts shows the following. 1. The equipment depreciates $500 per month. 19,000 One-third of the unearned rent revenue was earned during the quarter 2. 3. Interest totaling $525 is accrued on the notes payable for the quarter 4. Supplies on hand total $820 5. Insurance expires at the rate of $100 per month Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. Additional accounts are Depreciation Expense, Insurance Expense, Interest Payable, and Supplies Expense. (Credit ac automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles Debit Credit