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  3. prepare adjusting entries for the following transa

Prepare adjusting entries for the following transactions. (List all debit entries before credit entries. Credit...

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Accounting

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Prepare adjusting entries for the following transactions. (List all debit entries before credit entries. Credit account titles are automatically Indented when the amount is entered. Do not indent manually, If no entry is required, select "No entry" for the occount titles and enter Ofor the amounts.) 1. Depreciation on equipment is $1,126 for the accounting period. 2. Interest owed on a loan but not paid or recorded is $232. 3. There was no beginning balance of supplies and $462 of office supplies were purchased during the period. At the end of the period $84 of supplies were on hand. 4. Prepaid rent had a $840 normal balance prior to adjustment. By year end $588 had expired. 5. Salaries incurred by year-end but not yet paid or recorded amounted to $756

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