The ledger of Bonita Rental Agency on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared An analysis of the accounts shows the following 1 The equipment depreciates $270 per month 2 One third of the unearned rent was recognized as revenue during the quarter 3 Interest of $520 is accrued on the notes payable 4 Supplies on hand total $609 5 Insurance expires at the rate of $291 per month 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 (Credit account titles are automatically indented when amount is entered Do not indent manually If no entry is required, select No entry for the account titles and enter O for the amounts List all debit entries before credit entries )

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The ledger of Bonita Rental Agency on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared  An analysis of the accounts shows the following  1  The equipment depreciates $270 per month  2  One third of the unearned rent was recognized as revenue during the quarter  3  Interest of $520 is accrued on the notes payable  4  Supplies on hand total $609  5  Insurance expires at the rate of $291 per month  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  (Credit account titles are automatically indented when amount is entered  Do not indent manually  If no entry is required, select  No entry  for the account titles and enter O for the amounts  List all debit entries before credit entries )

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The ledger of Bonita Rental Agency on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared. An

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