adjusting journal entries

i. Record the interest for the loan j. The interest on the computer has been recorded in journal entry #27 Follow the same instructions for the adiusting iournal entries that you did in part one. 7. 9/05/21 Ck #1003 Purchased display shelves for $6,000 from Office Furniture Liquidators. The estimated service life of these assets is 10 years. The residual (salvage) value is $0. These items will be recorded as Office Fixtures and depreciated accordingly using the Straight-Line of Depreciation. Only record the purchase of the shelves. Depreciation will be an adjusting entry. 27. 9/30/21 Ck #1012 Paid the first monthly installment on the computer equipment. The payment amount is $848. Of this amount, $48 is for interest and $800 is for principal. Make the check payable to Office Mart. het themanth Sales of $3400