ent BACK Exercise 277 Prepare adjusting entries for the following transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1. Depreciation on equipment is $1,340 for the accounting period. 2. Interest owed on a loan but not paid or recorded is $275. 3. There was no bedinning balance of supplies and $5so of office suplies were purchased durino the perod. At the end 4. Prepaid rent had a $1,o00 normal balance prior to adjustment. By year end s700 had expired. 5. Accrued salaries at the end of the period amounted to $9o0. were purchased during the period. At the end of the period $100 of supplies were on hand. Debit Credit No. Account Titles and Explanation 1. 2. 3. 4