The leder af Ivanhoe Rental Arcy on March 31 of the current year includes the following selected counts, before using entres have been prepared Debit Credit Prepaid Sunplies $ 9600 3.000 31.250 Equipment Accumulated Depreciation Equipment Notes Payable 5 8.925 22.000 Uncanned Rent Revenue 10.800 Rent Revenge 60.000 Interest Expense Salaries and Wapes Extende 12.000 An analysis of the accounts shows the following 1 The equipment deprecates 5 525 per month 2 One-third or the unearned rent revenue was earned during the quarter. Interest of $ 550 should be accrued on the notes payable Supplies on hand total 5720 Insurance expires at the rate of Boo per month 4 Prepare the adjusting entries at March 31. assuming that adjusting entries are made quarterly. Additional accounts are Depreciation Expense Insurance Expense. Interest Payable, and Supplies Expense (List all debit entries before credit entries. Credit account tities are automatically indented when the amount is entired. Do not indent manually An analysis of the accounts shows the following 2 2 3 The equipment depreciates 5525 per month One third of the unearned rent revenue was eated during the quarter. Interest of $ 550 should be accrued on the notes payable. Supplies on hand total 5720 trasurance expires at the rate of $ 800 per month 5. Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. Additional accounts are Depreciation Expense Insurance Expense, Interest Payable and Supplies Expense. (List all debit entries before credit entries. Condit 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 2 Mar 31 3 Mar 31 Mar 31 5 Mar 31