On March 1, fixtures and equipment were purchased for $4,500 with a downpayment of $1,000 and a $3,500 note, payable in one year. The interest of 6.5% per year was due when the note was repaid. The estimated life of the fixtures and equipment is 10 years with no expected salvage value. [Note: Record the complete entry for the March 1 equipment purchase first, the March 31 depreciation adjusting entry second, and the March 31 interest adjusting entry third. Also, round all answers to the nearest cent.] (choose an option for the account and answer the dollar amount based on the account )

1) Account: Dollar Amount:

A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid-in capital L) Retained Earning M) Leave Blank

2)Account: Dollar Amount:

A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid-in capital L) Retained Earning M) Leave Blank

3)Account: Dollar Amount:

A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid-in capital L) Retained Earning M) Leave Blank

4)Account: Dollar Amount:

A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid-in capital L) Retained Earning M) Leave Blank

5)Account: Dollar Amount:

A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid-in capital L) Retained Earning M) Leave Blank