The ledger of Witzling, Inc. on March 31, 2012, includes the following selected accounts before adjusting entries.

An analysis of the accounts shows the following:1. Insurance expires at the rate of $300 per month.2. Supplies on hand total $900.3. The office equipment depreciates $200 per month.4. 2/5 of the unearned service revenue was earned in March.Prepare the adjusting entries for the month of March.

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Debit Credit Prepaid Insurance Supplies Equipment Unearned Service Revenue 2,400 30,000 10,000