The ledger of Chopin Rental Agency on March 31 of the current year includes th

The ledger of Chopin Rental Agency on March 31 of the current year includes the following
selected accounts before adjusting entries have been prepared.
Debit
Prepaid Insurance $ 4070
Supplies 2610
Equipment 33160

Credit
Accumulated
Depreciation Equipment $ 9070
Notes Payable 24660
Unearned Rent 6600
Rent Revenue 69750
Interest Expense -0-
Wages Expense 19030

An analysis of the accounts shows the following.
1. The equipment depreciates $260 per month.
2. One-third of the unearned rent was earned during the quarter.
3. Interest of $500 is accrued on the notes payable.
4. Supplies on hand total $890.
5. Insurance expires at the rate of $380 per month.

Prepare the adjusting entries at March 31 assuming that adjusting entries are made quarterly.