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Os March 1. 4.500 was cold dance Cath was and Underverward Then we paying marrin a. On March 1, $4,500 rent was collected in advance.

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Os March 1. 4.500 was cold dance Cath was and Underverward Then we paying marrin a. On March 1, $4,500 rent was collected in advance. Cash was debited and Unearned rent revenue was credited. The tenant was paying six months' rent in advance. b. The business holds a $30,000 note receivable. Interest revenue of $520 has been earned on the note but not yet received C. Salaries expense is $1,700 per day, Monday through Friday, and the business pays employees each Friday. This year, May 31 falls on a Tuesday d. The unadjusted balance of the Supplies account is $2,100. Supplies on hand total $600. e. Equipment was purchased two years ago at a cost of $16,000. The equipment's useful life is four years. f. On November 1, when $1,260 was paid for a one-year insurance policy. Prepaid insurance was debited and Cash was credited

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