WonderWeb prepares adjusting entries monthly. In reviewing the accounts on March 31, 2014, Wonder-Web discovered the following:
a. Interest of $450, representing 25 days in March, had accrued on the note receivable as of March 31. The accrual of $450 plus an additional five days in April was collected on April 5.
b. Accrued consulting fees totalling $5,600 were not recorded on March 31. This amount was collected on April 6.
c. Web design work totalling $8,750 was completed on March 31 but not recorded. This amount was collected on April 13.
d. WonderWeb rents the basement of its building to a student. The student has not paid the March rent of $950 as at March 31. On April 27, the March rent plus the rent for April was collected.
Required
Using the information provided above, prepare the March 31 month-end adjusting journal entries along with the appropriate subsequent cash entries.