Current Attempt in Progress The ledger of Sheffield Lake Lumber Supply on July 31, 2022, includes the selected accounts below before adjusting entries have been prepared. Notes Payable Supplies Prepaid Rent Buildings Accumulated Depreciation-Buildings Unearned Service Revenue Debit Credit $21,600 $24,900 3.100 260,000 137,000 11,600 An analysis of the company's accounts shows the following 1. The notes payable pays interest at a rate of 5% per year. 2. Supplies on hand at the end of the month totaled $18,800. 545 6. 7. The balance in Prepaid Rent represents 4 months of rent costs. Employees were owed $3,500 related to unpaid salaries and wages. Depreciation on buildings is $5,760 per year. During the month, the company satisfied obligations worth $4,100 related to the Unearned Services Revenue. Unpaid maintenance and repairs costs were $2,600. Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly. Use additional accounts as needed. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation July 31 July 31 (To record interest used) July 31 (To record supplies used) July 31 (To record rent used) (To record accrued salaries and wages) Debit Credit