Prepare year-end adjustments for the following transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) 1. Accrued interest on notes receivable is $30. 2. $1,200 of unearned service revenue should be recognized as revenue. 3. 4. Three years' rent, totaling $54,000, was paid in advance at the beginning of the year. Services totaling $3,490 had been performed but not yet billed at the end of the year. 5. Depreciation on equipment totaled $7,800 for the year. 6. Supplies purchased totaled $1,020. By year end, only $300 of supplies remained. 7. Salaries owed to employees at the end of the year total $1,148. No. Account Titles and Explanation Debit Credit 1. 2. 3. 5. 6. 7