Soved Hei Required information [The following information applies to the questions displayed below) Hoffman, Inc. adjusts its books each month but closes its books at the end adjustments is as follows: the year. The trial balance at March 31 before Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation: Equipment Unearned Service Revenue Capital Stock Retained Earnings Dividends Service Revenue Earned Salaries Expense Utilities Expense Rent Expense Debit Credit $11, eee 9,700 1,380 3,440 30,600 $12, 240 6,900 5,600 23,800 1,640 19,590 8, 2ee 470 1,700 $68,130 $68,130 On March 1, Hoffman paid in advance for four months' insurance. The necessary adjusting entry at March 31 includes which of the following Multiple Choice Next > 45 46 of 50 50 46