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Prepare year-end adjusting entries for the following transactions (clearly show the account name, the debit, and credit! However, yo entry): a) Accrued interest on notes

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Prepare year-end adjusting entries for the following transactions (clearly show the account name, the debit, and credit! However, yo entry): a) Accrued interest on notes receivable is $495. u do not need to provide further descriptions for each journal b) Unearned revenues received totaled $4,500 c) Three years' rent, totalling $24,000, was paid in advance at the beginning of the current year. d) Services totalling $3,490 were performed but not yet billed at the end of the year. e) Depreciation on equipment totalled $2,700 for the year. f) Supplies for use totalled $540. By year end, only $100 in supplies remained. g) Salaries owed to employees at the end of the year total $2,200

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