Response to the following problem:
One-third of the unearned rent revenue was recognized during the quarter. Unearned Rent Revenue 9,900 ,Rent Revenue 60,000. 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. Do not indent manually.)