Particular Trial balance
Debit
Particular
Opening stock
credit
5000
Sales
Purchase
300000
200000
Share capital
200000
10% investment
200000
Profit and loss a/c
50000
Prepaid rent
20000
Creditors
40000
Wages
20000
Advance commission.
40000
Machinery
100000
Outstanding expenses
10000
Furniture
50000
10% Mortage loan
100000
Salaries
10000
Office expenses
10000
Bad debts
5000
Advertisement
8000
Salary of sales person
12000
equipment
100000
Total
740000
total
740000
Aditional information
1. Closing stock 50000
2. Depreciation on machinery 10%
3. Advance commission Rs 10000
4. Prepaid rent Rs 5000 pripaid ipot pripris :150oof
5. Proposed dividend Rs 10000
6. Transfer to general reserve Rs 5000​

The ledger of laurie rental agency on march 31 of the current year includes the following selected accounts before adjusting entries have been prepared. debit credit prepaid insurance $ 5,400 supplies $ 4,500 equipment 40,000 accumulated depreciation—equipment $12,600 notes payable 25,000 unearned rent revenue 11,100 rent revenue 90,000 interest expense –0– salaries and wages expense 20,000 an analysis of the accounts shows the following. 1. the equipment depreciates $600 per month. 2. two-thirds of the unearned rent revenue was earned during the quarter. 3. the note payable is dated january 1 and bears 12% interest. 4. supplies on hand total $800. 5. the insurance policy is a two-year policy dated january 1. instructions: a. 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. b. compute the ending balances for prepaid insurance, unearned rent revenue, and rent revenue, and indicate in which financial statement those items will be reported.