Question 12

The ledger of Jahnke, Inc. on March 31, 2017, includes the following selected accounts before adjusting entries.

		Debit		Credit
Prepaid Insurance		2,800
Supplies		3,500
Equipment		32,700
Unearned Service Revenue				9,800

An analysis of the accounts shows the following.

1.		Insurance expires at the rate of $300 per month.
2.		Supplies on hand total $1,000.
3.		The equipment depreciates $600 per month.
4.		During March, services were performed for two-fifths of the unearned service revenue.

Prepare the adjusting entries for the month of March. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

please show work

Prepare the adjusting entries for the month of March. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Mar. 31 (To record insurance expired) 2. Mar. 31 (To record supplies used) 3. Mar. 31 (To record monthly depreciation) 4. Mar. 31 (To record revenue for services provided) Show Work is REQUIRED for this question: Open Show Work