Question 2 of 2 > -/3 E View Policies Current Attempt in Progress The ledger of Cullumber Company on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared Credit Debit $3.270 2,430 28.100 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $8,430 19,800 10,650 60,300 O 13,700 An analysis of the accounts shows the following 1. 2 3. 4. 5. The equipment depreciates $320 per month Half of the unearned rent revenue was earned during the quarter. Interest of $300 is accrued on the notes payable. Supplies on hand total $940. Insurance expires at the rate of $270 per month Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. If no entro is required saleet 'n 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.) No. Account Titles and Explanation Debit Credit Date Mar. 31 1 2. Mar. 31 3. Mar. 31 4 Mar 31 I 5 Mar. 31 List of Accounts