1. Depreciation on equipment is $800 for the accounting period. 2. There was no beginning balance of supplies and $600 of supplies were purchased during the period. At the end of the period $120 of supplies were on hand. 3. Prepaid rent had a $1,000 normal balance prior to adjustment. By year end $300 was unexpired. Prepare adjustments for the above transactions. 1. select an effect Depreciation Expense $ enter a dollar amount select an effect Accumulated Depreciation-Equipment $ enter a dollar amount 2. select an effect Supplies Expense $ enter a dollar amount select an effect Supplies $ enter a dollar amount 3. select an effect Rent Expense $ enter a dollar amount select an effect Prepaid Rent $ enter a dollar amount Attempts: 0 of 1 used