Prepare the adjusting journal entries required at December 31. (Credit account titles ore outomatically indented when amount is entered. Do not indent manually. List debit entry before credit entry. If no entry is required, select "No Entry" for the occount titfes and enter Ofor the amounts. Record joumal entries in the order presented in the problem.) An analysis of the accounts shows the following: 1. The equipment, which was purchased on January 1,2023 , is estimated to have a useful life of four years. The company uses straight-line depreciation. 2. One-third of the deferred revenue related to rent is still unearned at the end of the quarter. 3. The bank loan payable has an interest rate of 6%. Interest is paid on the first day of each following month and was last paid on March 1,2024. 4. Supplies on hand total $9,850 at March 31 . 5. The one-year insurance policy was purchased for $32,400 on January 1 . 6. Income tax is estimated to be $12,200 for the quarter. Prepare the quarterly adjusting entries required at March 31. (Credit account titles are outomatically indented when amount is entered. Do not indent manually, List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,234.) On March 31, 2024, Sheridan Rental Agency Inc's trial balance included the following selected unadjusted account balances. The company's year end is December 31 and it adjusts its accounts quarterly. An analysis of the accounts shows the following