The ledger of Beckett Rental Agency on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.

The ledger of Beckett Rental Agency on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.

		Debit		Credit
Supplies		$ 3,390
Prepaid Insurance		2,430
Equipment		27,400
Accumulated Depreciation—Equipment				$ 8,220
Notes Payable				19,400
Unearned Rent Revenue				10,760
Rent Revenue				57,900
Interest Expense		0
Salaries and Wages Expense		15,100

An analysis of the accounts shows the following.

1.		The equipment depreciates $310 per month.
2.		Half of the unearned rent revenue was earned during the quarter.
3.		Interest of $550 is accrued on the notes payable.
4.		Supplies on hand total $900.
5.		Insurance expires at the rate of $270 per month.

Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

No.	Account Titles and Explanation	Debit	Credit
1.
2.
3.
4.
5.