Post Adjusting Journal entries to the T-accounts

Prepare adjusting journal entries for the following. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) 1. Bad debt expense is estimated to be $1,484. Equipment is depreciated based on a 7-year life (no salvage value). . 3. Insurance expired during the year $ 2,624. 4. Interest accrued on notes payable $3,408. 5. Sales salaries and wages earned but not paid $ 2,542. Advertising paid in advance $ 768. 6. 7. Office supplies on hand $ 1,530, charged to Supplies Expense when purchased. Prepare adjusting journal entries for the following. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) 1. Bad debt expense is estimated to be $1,484. Equipment is depreciated based on a 7-year life (no salvage value). . 3. Insurance expired during the year $ 2,624. 4. Interest accrued on notes payable $3,408. 5. Sales salaries and wages earned but not paid $ 2,542. Advertising paid in advance $ 768. 6. 7. Office supplies on hand $ 1,530, charged to Supplies Expense when purchased