Home Work Adjusting Entries Question 2 of 2 - /50 Debit Credit Notes Payable $20,000 Supplies $23.900 Prepaid Rent 3,900 Buildings 245.000 136,000 Accumulated Depreciation --Buildings Unearned Service Revenue 11.100 An analysis of the company's accounts shows the following 1 2 3. 4 The notes payable pays interest at a rate of 6% per year. Supplies on hand at the end of the month totaled $18,700 The balance in Prepaid Rent represents 4 months of rent costs Employees were owed $3,300 related to unpaid salaries and wages. Depreciation on buildings is 54 920 per years During the month, the company satisfied obligations worth $4,800 related to the Unearned Services Revenue. Unpaid maintenance and repairs costs were $2.500. 5. 6 7. MacBook Air 3 Home Work Adjusting Entries Question 2 of 2 - /50 TIL Date Account Titles and Explanation Debit Credit July 31 (To record interest used) July 31 (To record supplies used) July 31 (To record rent used) July 31 (To record accrued salaries and wages) July 31 MacBook Air