ID Last 4 Student Lee Company Adjusting Journal Entries September 30, 2017 09/30/17 h) Lee determined that $2,000 of the supplies were on hand on hand 09/30/17 D The company purchased 400,000 of equipment on September 1 at 09/30/17 , 2017 $300,000 cash, the balance, issued a note payable . The salvage value is $160,000, estimated life of 5 years. 09/30/17 ) The balance of unearned revenue was $10,000 at the end of the month 09/30/17 k) Recompute and record the accrued interest expense (one month) on September 30, 2017. The note payable is due on December 31, 2017 and the interest rate 12%. Show your calculation and round the interst expense to the nearest $100 (for example if the interest expense is > $950 round to $1,000 AJE h (Supplies) DebitCredi Supplies Expense