The ledger of Riverbed Rental Agency on Marh 31 of the current year includes the following selected accounts before adjusting entries have been prepared. Credit Debit $3,888 2,819 24,670 Prepaid Insurance Supplies Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $9,240 18,140 3.450 64,660 -0- 12.720 An analysis of the accounts shows the following. 1 The equipment depreciates $248 per month. One-third of the unearned rent was earned as revenue during the quarter. 3. Interest of $550 is accrued on the notes payable. 4 Supplies on hand total $637. 5. Insurance expires at the rate of $324 per month 2. Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. Additional accounts are Depreciation SO ST FS $ C 9 & 7 8 %23 3 5 6 2 a