E4.12 (LO 2, 3), AP The ledger of Armour lake Lumber Supply on July 31, 2022, includes the selected nocounts below before adjusting entries have been prepared. Prepare adjusting entries from selected account data. Debit Credit Investment in Note Receivable $ 20,000 Supplies 24.000 Prepaid Rent 3.600 Buildings 250,000 Accumulated Depreciation-- Buildings $140,000 Unearned Service Revenue 11.900 An analysis of the company's accounts shows the following 1. The investment in the notes receivable cams interest at a rate of 6% per year. 2. Supplies on hand at the end of the month totaled $18,600. 3. The balance in Prepaid Rent represents 4 months of rent costs. 4. Employees were owed $3.100 related to unpaid salaries and wages. 5. Depreciation on buildings is $6,000 per year. 6. During the month, the company satisfied obligations worth $4.700 related to the Unearned Services Revenue. 7. Unpaid maintenance and repairs costs were $2,300, Instructions Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly. Use additional accounts as following 1. The investment in the notes receivable earns interest at a rate of 6% per year. 2. Supplies on hand at the end of the month totaled $18,600. 3. The balance in Prepaid Rent represents 4 months of rent costs. 4. Employees were owed $3,100 related to unpaid salaries and wages. 5. Depreciation on buildings is $6,000 per year. 6. During the montis, the company satisfied obligations worth $4,700 related to the Unearned Services Revenue 7. Unpaid maintenance and repairs costs were $2,300. Instructions Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly. Use additional accounts as needed. 54.13 (LO 1: 2, 3), AN The incomat