The ledger of Howard Rental Agency on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense Debit Credit $3,000 3,600 25,000 $8,400 20,000 12,400 60,000 0 $4,000 An analysis of the accounts shows the following. 1. The equipment depreciates $280 per month. 2. Half of the unearned rent revenue was earned during the quarter. 3. Interest of $400 is accrued on the notes payable. 4. Supplies on hand total $850. 5. Insurance expires at the rate of $400 per month. Question 1 of 4 < > 1.4/2 for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Mar. 1. Cash 31 Accumulated Depreciation-Equipment Mar. 2. Unearned Rent Revenue 31 Rent Revenue Mar. Interest Expense 3. 31 Interest Revenue Mar Cash A. 31 Supplies Debit 280 6200 400 850 Mar. 5. Insurance Expense 400 31 Prepaid Insurance eTextbook and Media List of Accounts Save for Later Credit 280 6200 400 850 400 Attempts: 2 of 5 used Submit Answer M