the ledger of vaughn rental agency on march 31 of the current year includes the following selected accounts before adjusting entries have been prepared. debit credit $3.912 2.576 23.910 prepaid insurance supplies equipment accumulated depreciation-equipment notes payable unearned rent revenue rent revenue interest expense salaries and wages expense $8.799 19.490 4,650 64.390 15.370 an analysis of the accounts shows the following. 1. 2. 3 the equipment depreciates 5243 per month one-third of the unearned rent was recognized as revenue during the quarter. interest of $510 is accrued on the notes payable. supplies on hand total $703.