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Prepare adjusting entries for the following transactions. (Credit account titles are automatically indented when the amount is entered. Do not ingent manualny i no entry

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Prepare adjusting entries for the following transactions. (Credit account titles are automatically indented when the amount is entered. Do not ingent manualny i no entry account titles and enter for the amounts) 1. Depreciation on equipment is $1,072 for the accounting period. 2 Interest owed on a loan but not paid or recorded is $220. 3. There was no beginning balance of supplies and $440 of office supplies were purchased during the period. At the end of the period $80 of supplies were on hand. 4. Prepaid rent had a $800 normal balance prior to adjustment. By year end $560 had expired. 5. Accrued salaries at the end of the period amounted to $720. No. Account Titles and Explanation Debit Credit

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