Preparing and Journalizing Adjusting Entries For each of the following separate situations, prepare the necessary adjustments (a) using the financial statement effects template and (b) in journal entry form. 1. Unrecorded depreciation on equipment is $610. 2. On the date for preparing financial statements, an estimated utilities expense of $390 has been incurred, but no utility bill has yet been received or paid. 3. On the first day of the current period, rent for four periods was paid and recorded as a $2,800 debit to Prepaid Rent and a $2,800 credit to Cash. during the nine-month period. Hartford's annual financial statements are now being prepared. 5. At the end of the period, employee wages of $965 have been incurred but not yet paid or recorded. 6. At the end of the period, $300 of interest income has been earned but not yet received or recorded. (a) using the financial statement effects template (b) in journal entry form Financial statements effects template Financial statements effects template