The ledger of Wildhorse, Inc. on March 31, 2020, includes the following selected accounts before adjusting entries. Prepaid Insurance Supplies Debit Credit 2,300 2,500 30,800 9,100 Equipment Unearned Service Revenue An analysis of the accounts shows the following. 1. Insurance expires at the rate of $200 per month. 2. Supplies on hand total $1,500. 3. The equipment depreciates $400 per month. PRINTER Visum BACK 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the adjusting entries for the month of March. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Mar. 31 2. Mar. 31 (To record Insurance expired) 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the adjusting entries for the month of March. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. No. Date Account Titles and Explanation 1. Mar. 31 Debit Credit 2. Mar. 31 (To record insurance expired) 3. Mar. 31 (To record supplies used) 4. Mar. 31 (To record monthly depreciation) (To record revenue for services provided) dy DUAL REVIEW 3-3 Blossom Computer Services began operations in July 2020. At the end of the month, the company prepares monthly financial statements. It has the following information for t month. 1. At July 31, the company owed employees $1,700 in salaries that the company will pay in August. 2. On July 1, the company borrowed $24,200 from a local bank on a 10-year note. The annual interest rate is 6%. 3. Service revenue unrecorded in July totaled $2,400. Prepare the adjusting entries needed at July 31, 2020. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation 1. July 31 Debit Credit 2. July 31 (To record accrued salaries) 3. July 31 (To record accrued interest) (To record revenue for service provided)