Prepare year-end adjustments n the box below for the following transactions. Omit explanations but be sure to label your answers and BE SURE to list the debit(s) first and credit(s) second in case the spacing doesn't carry through when it is submitted.

1. Accrued interest on notes receivable is $30.

2. Three years rent, totaling $45,000, was paid in advance at the beginning of the year.

3. Services totaling $2,900 had been performed but not yet billed at the end of the year.

4. Depreciation on equipment totaled $6,500 for the year.

5. Supplies purchased totaled $850. By year end, only $250 of supplies remained.