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The ledger of Novak 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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The ledger of Novak 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 depreciation is $330 per month. 2. Services relating to one-half of the unearned revenue were provided during the quarter. 3. Supplies on hand total $780. 4. Insurance explres at the rate of $330 per month. Prepare the adjusting entries at March 31, assuming adjusting entries are made quarterly and that Novak has a December 31 year end. (Credit account tities 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 of for the amounts. List all debit entries before credit entries)

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