2. Prepare Adjusting Entries (Chapter 4) Prepare year-end adjustments for the following transactions. Omit explanations. 1.Accrued interest on notes receivable is $30. 2.$1,000 of unearned service revenue has been recognized. 3. Three years' rent, totaling $45,000, was paid in advance at the beginning of the year. 4.Services totaling $2,900 had been performed but not yet billed at the end of the year. 5.Depreciation on equipment totaled $6,500 for the year. 6.Supplies purchased totaled $850. By year end, only $250 of supplies remained. 7.Salaries owed to employees at the end of the year total $960