Prepare general journal entries on December 31 of the current year to record the following unrelated year-end adjustments. There is a General Journal template provided that you can use to answer this question.

1. On December 2, $6,200 of supplies were purchased and recorded as an asset. A count revealed $1,000 still on hand at December 31.

2. Services performed during December but not yet billed to customers totalled $5,000.

3. Depreciation of equipment is recorded using the straight-line method over 10 years. The equipment was purchased December 1 of this year for $300,000 and has no residual value at the end of its useful life.

4. Prepaid insurance expired during the month of December was $2,500.

5. Accrued salaries at year-end were $10,000.

6. $2,000 of interest had accrued on the $75,000 note payable.