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Coronado records adjustments monthly. Adjustment data for the month of August are as follows: 1. One month's worth of advertising services have been received. 2. The August rent has expired. 3. Accrued salaries payable are $1,670. 4. Depreciation for the month is $218. 5. Supplies on hand at August 31 are $1,040. 6. Services were performed to satisfy $880 of Deferred revenue. 7. One month of interest income related to the $3,800 note receivable has accrued. The note was issued on June 30 and is due October 31 and has a 6% annual interest rate. Interest is due at maturity. 8. Income tax of $270 is estimated to be owed for the month of August. Prepare the August adjusting journal entries. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) 4. 31 Depreciation Expense Accumulated Depreciation- Equipment 218 218 5. 31 Supplies Expense Supplies 6. 31 Deferred Revenue Service Revenue 7. 31 Interest Receivable Interest Income 8. 31 Income Tax Expense 270 Income Tax Payable Coronado records adjustments monthly. Adjustment data for the month of August are as follows: 1. One month's worth of advertising services have been received. 2. The August rent has expired. 3. Accrued salaries payable are $1,670. 4. Depreciation for the month is $218. 5. Supplies on hand at August 31 are $1,040. 6. Services were performed to satisfy $880 of Deferred revenue. 7. One month of interest income related to the $3,800 note receivable has accrued. The note was issued on June 30 and is due October 31 and has a 6% annual interest rate. Interest is due at maturity. 8. Income tax of $270 is estimated to be owed for the month of August. Prepare the August adjusting journal entries. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) 4. 31 Depreciation Expense Accumulated Depreciation- Equipment 218 218 5. 31 Supplies Expense Supplies 6. 31 Deferred Revenue Service Revenue 7. 31 Interest Receivable Interest Income 8. 31 Income Tax Expense 270 Income Tax Payable