Prepaid Insurance$4,200

Supplies2,790

Equipment21,200

Accumulated DepreciationEquipment$7,920

Notes Payable18,600

Unearned Revenue9,434

Rent Revenue36,670

Interest Expense0

Wages Expense17,900

An analysis of the accounts shows the following:

1.The equipment depreciation is $330 per month.2.One-half of the unearned revenue was earned during the quarter. (Use Unearned Revenue account.)3.Supplies on hand total $850.4.Insurance expires at the rate of $350 per month.

Prepare the adjusting entries at March 31, assuming adjusting entries are made quarterly and that Deng has a December 31 year end.(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

No.

Account Titles and Explanation

Debit

Credit

1.

2.

3.

4.