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

Debit Credit

Prepaid Insurance $3,828

Supplies 2,756

Equipment 25,340

Accumulated Depreciation-Equipment $9,072

Notes Payable 20,800

Unearned Rent Revenue 8,640

Rent Revenue 59,200

Interest Expense –0– Salaries and Wages Expense 13,920

An analysis of the accounts shows the following.

1. The equipment depreciates $270 per month.

2. One-third of the unearned rent was recognized as revenue during the quarter.

3. Interest of $520 is accrued on the notes payable.

4. Supplies on hand total $661.

5. Insurance expires at the rate of $319 per month.

Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. Additional accounts are Depreciation Expense, Insurance Expense, Interest Payable, and Supplies Expense. (Credit account titles are automatically indented when 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. List all debit entries before credit entries.)