CALCULATOR PRINTER VERSION 4 BACK Exercise 4-09 The ledger of Windsor Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Debit Credit Supplies $3,300 Prepaid Insurance 3,960 Equipment 27,500 Accumulated Depreciation Equipment $9.240 Notes Payable 22.000 Unearned Rent Revenue 13,640 Rent Revenue 66.000 Interest Expense 0 Salaries and Wages Expense 15.400 Oy An analysis of the accounts shows the following 1. The equipment depreciates $308 per month 2. Half of the unearned rent revenue was earned during the quarter. 3. Interest of $440 is accrued on the notes payable. Supplies on hand total $935. 5. Insurance expires at the rate of 5440 per month Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) 4. Supplies on hand total $935. 5. Insurance expires at the rate of $440 per month. Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. (If no entry is amounts. Credit account titles are automatically indented when the amount is entered. Do not inder Debit Credit No. Date Account Titles and Explanation 1. Mar. 31 2 . Mar. 31 3. Mar. 31 Mar. 31 5. Mar. 31