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2. Prepare adjusting entries for the following independent situations. a. The beginning balance of supplies was 200. A purchase of 800 supplies was made during the month. At the end of the month 400 of supplies were still on hand. b. Prepaid insurance had a 2,200 normal balance prior to adjustment. By year end 700 was expired. c. Consulting service fees of $2,000 were collected in advance. By year end 40 percent were earned. d. Equipment is depreciated by 500 for the accounting period. e. Ramona's Music School borrowed $30,000 from the bank signing a 6%, 6-month note on November 1. Principal and interest are payable to the bank on May 1. If the company prepares monthly financial statements, what adjusting entry should the company make at November 30 with regard to the note (round answer to the nearest dollar)