The ledger ofBlossom, Inc. on March 31, 2020, includes the following selected accounts before adjusting entries.

Debit Credit

Prepaid Insurance. 2,400

Supplies 2,300

Equipment 30,200

Unearned Service Revenue 8,600

An analysis of the accounts shows the following.

1.Insurance expires at the rate of $500per month.2.Supplies on hand total $1,700.3.The equipment depreciates $500per month.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 ?

?

(To record insurance expired)

2.Mar. 31 ?

?

(To record supplies used)

3.Mar. 31 ?

?

(To record monthly depreciation)

4.Mar. 31?

?

(To record revenue for services provided)