The ledger of Splish Brothers Inc. on March $31$ of the current year includes the following selected accounts before adjusting entries

have been prepared.

An analysis of the accounts shows the following.

The equipment depreciates $$356$ per month.

Half of the unearned rent revenue was earned during the quarter.

Interest of $$496$ should be accrued on the notes payable.

Supplies on hand total $$1,054.$

Insurance expires at the rate of $$496$ per month.Prepare the adjusting entries at March $31,$ assuming that adjusting entries are made quarterly. $($Credit account titles are automatically

indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the

amounts.$)$

No$.$ Date

Account Titles and Explanation

Debit

Credit

Mar. $31$

$]$

Mar. $31$

Mar. $31$

Mar. $31$

Mar. $31$