Business
Business, 18.09.2019 22:30, thalia17

The ledger of tamarisk rental agency on march 31 of the current year includes the following selected accounts before adjusting entries have been prepared. debit credit prepaid insurance $3,864 supplies 2,637 equipment 23,780 accumulated depreciation-equipment $8,654 notes payable 18,800 unearned rent revenue 4,980 rent revenue 56,670 interest expense ā€“0ā€“ salaries and wages expense 15,100 an analysis of the accounts shows the following. 1. the equipment depreciates $250 per month. 2. one-third of the unearned rent was earned as revenue during the quarter. 3. interest of $520 is accrued on the notes payable. 4. supplies on hand total $585. 5. insurance expires at the rate of $322 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 expenses. (

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The ledger of tamarisk rental agency on march 31 of the current year includes the following selected...

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