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The ledger of Sarasota Rental Agency on March 31 of the current year includes the folowing selected accounts before adjusting entries have been prepared Debit

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The ledger of Sarasota Rental Agency on March 31 of the current year includes the folowing selected accounts before adjusting entries have been prepared Debit $3,816 2,955 25,530 Credit Prepaid Insurance Supplies Equipment 58.094 18.730 Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense 55,860 5,050 An analysis of the accounts shows the foilowing 1. The equipment depreciates $249 per month. 2 One-third of the unearned rent was eaned as revenue duning the quarter. 3. Interest of $480 is accrued on the notes payable. Supplies on hand total $701 5 Insurance expires at the rate o $318 per month Prepare the a Sing entiesMarch 31 assuming that a sing entes are made qua terty. Additonal accounts are Deprecation Expense insurance Expense Interest Payable and Supplies Expenses mes are automatically idented when amount is entered. Do not indent manually. no entry is required, select . No entry" for the account titles and enter 0 for the amounts.) Credir account No. Account Titles and Explanation Debit Credit 2. 3. 4 5

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