Account Debit Credit 6 7 8 9 10 15 Prepare adjusting entries for the following transactions. Omit explanations. Journal paper is provided on the next page. 1. 2. 3. Depreciation on equipment is $1,340 for the accounting period. Interest owed on a loan but not paid or recorded is $275. There was no beginning balance of supplies and $550 of office supplies were purchased during the period. At the end of the period $100 of supplies were on hand. Prepaid rent had a $1,000 normal balance prior to adjustment. By year end $700 had expired. Accrued salaries at the end of the period amounted to $900. 4. 5