Prepare the necessary adjusting journal entries for the following at the end of the year: You may omit explanations to the entries. Unrecorded interest on savings bonds is $245 Rent expense incurred but not yet paid at year end amount to $300 Legal fees of $1,000 were collected in advance. By year end $600 remained unearned Prepaid insurance had a $ 1, 500 balance on January 1. At year end $900 was used up and should be expensed. depreciation was calculated as $5,000