Adjusting Entries: Data relating to the balances of various accounts affected by adjusting or closing entries appear below. (The entries which caused the changes in the balances are not given.) You are asked to supply the missing journal entries which would logically account for the changes in the account balances. Interest receivable at 1/1/14 was $1,320. During 2014 cash received from debtors for interest on outstanding notes receivable amounted to $5,040. The 2014 income statement showed interest revenue in the amount of $6,100. You are to provide the missing adjusting entry that must have been made, assuming reversing entries are not made.

For each journal entry write Dr. for debit and Cr. for credit.