CALCULATOR FULL SCREEN PRINTER VERSION Question 2 The ledger of Cullumber Rental Agency on March 31 of the current year includes the selected accounts, shown below, before adjusting entries have been prepared Debit Credit Prepaid Insurance $ 16,200 Supplies 3,300 Equipment 25,000 Accumulated Depreciation Equipment $ 8,200 Notes Payable 25,000 Unearned Rent Revenue 9,600 Rent Revenue 62,000 Interest Expense 0 Salaries and Wages Expense 17,000 An analysis of the accounts shows the following 1 The equipment depreciates $400 per month 2. One-third of the neared rent revenue was earned during the quter 3 Interest of $625 is accrued on the notes payable Supplies on hand total 5930. Insurance expires at the rate of $900 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 to not wident manually) No. Date Account Titles and Explanation Debit Credit Mar 31