The ledger of Sunland Rental Agency on March $31$ of the current year includes the selected accounts below before adjusting entries

have been prepared.

An analysis of the accounts shows the following.

The equipment depreciates $$336$ per month.

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

Interest of $$480$ is accrued on the notes payable.

Supplies on hand total $$1,020.$

Insurance expires at the rate of $$480$ per month.

Prepare the adjusting entries at March $31,$ assuming that adjusting entries are made quarterly. $($List all debit entries before credit entries.

If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when

the amount is entered. Do not indent manually.$)$

No$.$ Date Account Titles and Explanation

Mar. $31$

Mar. $31$

Mar. $31$

Mar. $31$

Mar. $31$