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The ledger of Carla Vista Rental Agency on March 31 of the current year includes the following selected accounts, before adjusting entries have been prepared.
The ledger of Carla Vista Rental Agency on March 31 of the current year includes the following selected accounts, before adjusting
entries have been prepared.
Prepaid Insurance
Supplies
Equipment
Accumulated Depreciation-Equipment
Notes Payable
Unearned Rent Revenue
Rent Revenue
Interest Expense
Salaries and Wages Expense
Debit
$ 8,400
2,700
31,250
Credit
$ 7,920
21,000
9.600
61.000
O
13,000
An analysis of the accounts shows the following.
1.
2.
3
The equipment depreciates $495 per month.
One-third of the unearned rent revenue was earned during the quarter.
please write the answers exactly like in the picture
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