The ledger of Oriole Rental Agency on March 31 of the current year includes the selected accounts, shown below, before adjusting entries have been prepared. Credit Debit $14.400 3.600 18,750 Prepaid Insurance Supplies Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $ 8,300 25,000 10.800 58,000 0 14.000 An analysis of the accounts shows the following 1 2 The equipment depreciates $300 per month One-third of the unearned rent revenue was earned during the quarter, Interest of $625 is accrued on the notes payable. Supplies on hand total $670 Insurance expires at the rate of 5800 per month 4. 5 tv A S 4 3 % 5 & 7 00+ 6 9 O E R T C C o D F G I J K U O D F H c V B N M