Prepare adjusting entries for the following transactions. Omit explanations. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) Depreciation on equipment is $2.900. Interest incurred and owed on a loan but not paid or recorded is $890. There was a beginning balance of supplies of $660 and the company purchased $970 of office supplies during the period. At the end of the year $450 of supplies were on hand. Prepaid rent had a $6,350 normal balance prior to adjustment. By year end $2.550 had expired.

Accrued salaries at year end with account title and explanation dr or cr