Prepare the Adjusting Entries Buena Vista Social Club accumulates the following adjustment data at December 31, 2014. Revenue of $1, 600 collected in advance has been recognized. Salaries of $600 are unpaid. Prepaid rent totaling $500 has expired. Supplies of $450 have been used. Revenue recognized but unbilled total $750. Utility expenses of $250 are unpaid. Interest of $300 has accrued on a note payable