Exercise 23 Prepare adjusting entries for the following transactions. Credit account ties are automatically indented when the amount is entered. Do not indent manually. If na entry is required, selecta amount) entry for the account titles and enter a forche 1. Unrecorded interest accrued on savings bonds is 5360 Property taxes incurred but not paid or recorded amount to $704 Unearned service revenue of $3,520 was collected in advance. By year and $516 was still unearned. Prepaid insurance had a 5660 debit balance prior to adjustment By year end, 60 percent was still unexpired Salons incurred by year end but not yet paid or recorded amounted to 5572 4. 5