MartinezCompany prepares monthly financial statements. Below are listed some selected accounts and their balances on the December 30 trial balance before any adjustments have been made for the month of September.

MARTINEZCOMPANY

Trial Balance (Selected Accounts)

September 30, 2022DebitCreditSupplies$2,592Prepaid Insurance4,608Equipment15,552Accumulated DepreciationEquipment$960Unearned Rent Revenue1,152

An analysis of the account balances by the company's accountant provided the following additional information:

1.A physical count of office supplies revealed $960on hand on September 30.

2.A two-year life insurance policy was purchased on June 1 for $4,608.

3.Office equipment depreciates $2,448per year.

4.The amount of rent received in advance that remains unearned at September 30 is $300.

Using the information given, prepare the adjusting entries that should be made byMartinezCompan