At the end of 2014, Drew Company made four adjusting entries for the following items: 1. Depreciation expense, 25,000. 2. Expired insurance, 2,200 (originally recorded as prepaid insurance.) 3. Interest payable, 6,000. 4. Rent receivable, 10,000. In the normal situation, to facilitate subsequent entries, the adjusting entry or entries that may be reversed is (are) ______.
1) Entry No. 3 only
2) Entry No. 4 only
3) Entry No. 3 and No. 4
4) Entry No. 2, No. 3 and No. 4
