Adjustment data: 1. Adjustment of prepaid insurance. 2. Adjustment of prepaid rent. 3. Supplies used, $1,400. 4. Equipment depreciation, $550 per month. 5. Accrual of interest on note payable. 6. Salaries for the second half of July, $12,100, to be paid on August 1 . 7. Estimated utilities expense for July, $880 (invoice will be received in August). 8. Income tax for July, $1,320, will be paid in August. Adjustment data: 1. Adjustment of prepaid insurance. 2. Adjustment of prepaid rent. 3. Supplies used, $1,400. 4. Equipment depreciation, $550 per month. 5. Accrual of interest on note payable. 6. Salaries for the second half of July, $12,100, to be paid on August 1 . 7. Estimated utilities expense for July, $880 (invoice will be received in August). 8. Income tax for July, $1,320, will be paid in August