Prepare year-end adjustments for the following transactions. (List all debit entries before credit entries. 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 0 for the amounts.) Accrued interest on notes receivable is $30. $980 of unearned service revenue should be recognized as revenue. Three years' rent, totaling $44,100, was paid in advance at the beginning of the year. Services totaling $2,842 had been performed but not yet billed at the end of the year. 5. Depreciation on equipment totaled $6,370 for the year. Supplies purchased totaled $833. By year-end, only $245 of supplies remained. Salaries owed to employees at the end of the year total $939. 1. 2. 3. 4. 6. 7. No. Account Titles and Explanation 1. 2. 3. 4. Debit Credit

Prepare year-end adjustments for the following transactions. (List all debit entries before credit entries. 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 0 for the amounts.) 1. Accrued interest on notes receivable is $30. 2. $980 of unearned service revenue should be recognized as revenue. 3. Three years' rent, totaling $44,100, was paid in advance at the beginning of the year. 4. Services totaling $2,842 had been performed but not yet billed at the end of the year. 5. Depreciation on equipment totaled $6,370 for the year. 6. Supplies purchased totaled $833. By year-end, only $245 of supplies remained. 7. Salaries owed to employees at the end of the year total $939