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The inderer of Coronado Rental Asency on March 31 of the current yese includes the selected actounts belaw before adlustine entrins have been prepared. An
The inderer of Coronado Rental Asency on March 31 of the current yese includes the selected actounts belaw before adlustine entrins have been prepared. An analyis of the accounts shows the followine 1. The equipment depreciates $672 per month 2. Half of the uneamed rent revenue was earned during the quarter. 3. Interest of $960 is accrued on the notes payble. 4. Supplies on hand total $2.040. 5. Insurance expires at the rate of $960 per month Prepare the adjusting entries at March 31 , assuming that adjusting entries are made quarterly alat all debit entries before credit entries the amount is entered. De not indent manuaby
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