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The ledgar of blossom Rental agency on March 31 of the current year includrs the folowing selected accounts before adjusting entrirs have been prepared .
The ledgar of blossom Rental agency on March 31 of the current year includrs the folowing selected accounts before adjusting entrirs have been prepared .
Prepared lnsurence 4,800
supplies 2,900
EQuiment 31,250 on debits
Accumulating depreciation equiment 8,800 0n Credits
Notes payable 22,000
Unearned Rent Revenue 12,600
rent revenue 59,000
interest expensive 0
Salaries and wage expensive 11,000
An anaylsis of the accounts shows as following
The ewument depreciated 550 per month
onr third of the unearned rent revenur was earned during the quarter
supplies on hand total 910
insurrence expire at the rent of 400 per month
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