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The ledger of Pina Colada Corp. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.

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The ledger of Pina Colada Corp. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Supplies Prepaid Insurance Equipment Debit Credit $3.600 4,320 30,000 $10,000 24,000 14,880 72.000 0 16.800 Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense An analysis of the accounts shows the following 1 The equipment depreciates $336 per month 2 Half of the une amed rent revenue was earned during the quarter 2 Interest of $400 is accrued on the notes payable A Supplies on hand total $1.020 Insurance expires at the rate of $400 per month Prepare the dusting entries at March 31 assuming that altuating entries are made quarterly no entry is required, select "No Entry for the account ties and enter O for the amounts Credit account tities are automatically indented when the amount is entered. Do not indent

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