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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 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 tifles are automatically indented when the amount is entered. Do not indent manually. Question 2 of 4 125 2. Mar.31 3. Mar.31 4. Mar.31 5. Mar.31 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. An analysis of the accounts shows the following. 1. The equipment depreciates $495 per month. 2. One-third of the unearned rent revenue was earned during the quarter. 3. Interest of $525 should be accrued on the notes payable
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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