a) Pine has equipment that cost $21,000 and is being depreciated on a straight-line basis over three years. An entry is needed to record depreciation for the year. b) Pine adjusted for $450 of salaries owing to employees for work done during the period. c) Pine has a $15,000 loan payable with an annual interest rate of 6%. An entry is needed to accrue one month of interest owing. The interest will be paid next month. d) Pine billed customers $600 for services performed on account. An entry is needed to accrue the amount owing. e) Pine collected $200 owing from customers from the previous transaction. f) Pine paid suppliers amount owing on accounts payable of $340. g) Pine prepared a closing entry to close out revenues of $35.000. Debit account Credit account Debit $ Credit S b) c) d)