U LULUULUPUJUUMUR M been prepared E 31 of the current year includes the selected accounts, shown below before quarterly adjusting entries have IdWideWhite folium Credit Chase Course erials Debit $10,800 2,900 18,750 fer Zoom agle Drive Prepaid Insurance Supplies Equipment Accumulated Depreciation Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $8.200 25,000 9,600 62,000 Tutor 10,000 An analysis of the accounts shows the following 1. The equipment depreciates $300 per month 2. One-third of the unearned rent revenue was earned during the quarter. 3. Interest totaling $625 is accrued on the notes payable for the quarter. 4 Supplies on hand total $870 5. Insurance expires at the rate of $600 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 the amount is entered. Do not indent manually) Account Titles No. Date 1. Mar 31 Debit Credit 2. Mar. 31