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Question 4 The ledger of Metlock, Inc. on March 31, 2017, Indudes the following selected accounts before adjusting entries. Debit Credit Supplies 4,490 Prepaid Insurance 2,560 Equipment 36,000 Uneamed Service Revenue 11,000 An analysis of the accounts shows the following 1 Insurance expires at the rate of $320 per month 2 Supplies on hand total $900. 1. The equipment depreciates $240 per month 4 During March, services were performed for two-fifths of the neared service revenue Prepare the adjusting entries for the month of March ( no entry is required, select "No Entry for the account title and enter for the amounts Credit countries automatically Indented when the amount interd. De befindet manually No. Account Titles and Explanation Debit Credit 1 An analysis of the accounts shows the following. 1. 2. 3. 4. Insurance expires at the rate of $320 per month. Supplies on hand total $900. The equipment depreciates $240 per month. During March, services were performed for two-fifths of the uneared service revenue. Prepare the adjusting entries for the month of March. (r no ens required, select "No Entry for the account ut automatically Indented when the amount is entered. Do not Indent manually.) No. Account Tities and Explanation Debit Credit 1. 3. Click If you would like to Show Work for this question: Open Show Work