Prepare the necessary adjusting journal entries for the following transactions, in the journal provided. You may omit explanations to the entries. Interest on savings bonds is $245. Property taxes that have been incurred but that have not yet been paid or amount to $300. Legal fees of $1,000 were collected in advance. By year end 60 percent were still unearned. Prepaid insurance had a $500 balance prior to adjustment. By year end, 40 percent was still unexpired (on hand)