Adiusting Entries: The following information is available when preparing adjusting entries at month-end: 1. One month's insurance has been used 2. An inventory on January 31 showed supplies remaining were valued at: $ 1,900 3. Equipment is depreciated at a monthly rate of: 300 4. Unearned revenue was earned in the amount of $ 1,500 5. One month's Interest must be accrued on the loan; annual rate is: 8%