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Shown below is a partial trial balance for a company. Journalize the quarterly adjusting entries listed below the trial balance using additional accounts as needed.

Shown below is a partial trial balance for a company. Journalize the quarterly adjusting entries listed below the trial balance using additional accounts as needed.

Prepaid Insurance 2,100

Supplies 3,925

Equipment 42,000

Accum. Depr. Equipment 2,000

Notes Payable 10,000

Salary Expense 18,500

1. Insurance expired during the quarter totaled $1,600

2. Supplies remaining on hand total $1,900

3. Total interest accrued on the note payable equals $185

4. Depreciation on the equipment is $250 per month

5. Accrued salaries equals $4,700

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