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The ledger of Sheridan Rental Agency on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Mranalysis

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The ledger of Sheridan Rental Agency on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Mranalysis of the accounts shiows the following. 1. The equiprent depreciates $616 per month. 2. Half of the unearned rent revenue was eaned during the quarter. 2. Interest of $880 is accrued on the notes payable A. Supplies on hand total \$1.870. 5. Insurance espires at the rate of $880 per month The ledger of Sheridan Rental Agency on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Mranalysis of the accounts shiows the following. 1. The equiprent depreciates $616 per month. 2. Half of the unearned rent revenue was eaned during the quarter. 2. Interest of $880 is accrued on the notes payable A. Supplies on hand total \$1.870. 5. Insurance espires at the rate of $880 per month

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