For each of the following adjusting entries, identify whether the entry is correct. If it is not correct, provide the correct entry in the journal on the next page and specify why the entry given below is wrong. a. Depreciation Expense 1, 500 Accumulated Depreciation 1, 500 To record depreciation on trucks for the year. The trucks cost $30,000 and have no salvage value. They are being depreciated straight line over six years. b. Interest Revenue 730 Interest Receivable 730 To record one year's interest on a loan to an officer of the company. The loan was for $10,000 at 7% annual interest. c. Supplies Expense 563 Supplies 563 The Supplies account started with a balance of $1, 900. At the end of the period, a count of remaining supplies indicated we had $563 left. d. Wages Expense 1, 900 Wages Payable 1, 900 Employees have earned S1, 900 since last payday. e. Taxes Payable 700 Taxes Expense 700 The company received a bill from the County Treasurer for $700 for property taxes. The taxes are due next month