Part II (21 Points) Prepare the adjusting journal entries for the following company on December 31, 2016, the company's yearend and indicate the type of adjustment (prepaid or unearned revenue, prepaid expense, accrued revenue or accrued expense) 1. Depreciation on office equipment, $2,800 2. $750 of the $1,400 Prepaid Insurance balance has expired. 3, As of year end, employees have earned salaries of 3,540 that have not been paid, they will be paid on January 5th 4. The company has earned $3,050 of service fees that have 5. The Unearned Service Fees account balance includes $1,900 6. An inventory of 0ffice Supplies shows $350 of unused of the next year not been collected or recorded. that has been earned supplies. The balance of supplies on the unadjusted trial balance for the period is $900 7. The company pays $2,400 interest on a loan each quarter The next quarterly payment is due in two months from the end of the current period