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Prepare adjusting entries for the following transactions. (list all debit ontries before cedit entries. Credit occount titler are automatically indented when the amount is entered.
Prepare adjusting entries for the following transactions. (list all debit ontries before cedit entries. Credit occount titler are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the occount titles and enter O for the amounte) 1. Depreciation on equipment is $648 for the accounting period. 2. There was no beginning balance of supplles and purchased $648 of supplites during the period. At the end of the period $162 of supplies were on hand. 3. Prepaid rent had $1,296 normal balance prior to adjustment. By year end $432 was unexpired
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