CALCULATOR PRIN RCES Exercise 4-12 The ledger of Splish Brothers Inc. on July 31, 2017, includes the selected accounts below before adjusting entries have been prepared. Debit Credit Investment in Note Receivable Supplies $24,000 21,500 4,400 290,000 tudy Prepaid Rent Buildings Accumulated Depreciation-Buildings Unearned Service Revenue $135,000 12,000 An analysis of the company's accounts shows the following 1. The investment in the notes receivable earns interest at a rate of 12% per year. 2. Supplies on hand at the end of the month totaled $17,800. 3. The balance in Prepaid Rent represents 4 months of rent costs. 4. Employees were owed $2,700 related to unpaid salaries and wages. 5. Depreciation on buildings is $7,080 per year. 6. During the month, the company satisfied obligations worth $4,850 related to the Unearned Services Revenue. 7. Unpaid maintenance and repairs costs were $2,000. Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly. (If no entry is required, select "No Entry" for th enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit No. Date Account Titles and Explanation 1. July 31 2. July 31 3. July 31