Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly

prepared. Credit Debit $4,500 5,400 37,500 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $12,600 30,000 18,600 90,000 0 21.000 An analysis of the accounts shows the following 1. 2 The equipment depreciates $420 per month. Half of the unearned rent revenue was earned during the quarter. Interest of $600 is accrued on the notes payable. Supplies on hand total $1.275. Insurance expires at the rate of $600 per month 3. 5. Type here to search ot H