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Prepare year-end adjustments for the following transactions omit explanations Accrued interest on notes receivable is $30. $1,000 of unearned revenues has been earned. Three years'

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Prepare year-end adjustments for the following transactions omit explanations Accrued interest on notes receivable is $30. $1,000 of unearned revenues has been earned. Three years' rent, totaling $42,000, was paid in advance at the beginning of the year. Services totaling $2.900 had been performed but not yet billed at the end of the year. Depreciation on equipment totaled $6, 500 for the year. Supplies purchased $850. By year end, only $150 of supplies remained. Salaries owed to employees at the end of the year total $960

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