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Q 2 : Prepare adjusting entries for the following transactions. Do not write explanations. ( 3 0 points ) Depredation on equipment is $ 1

Q2: Prepare adjusting entries for the following transactions. Do not write explanations. (30 points)
Depredation on equipment is $1,340 for the accounting period.
Interest owed on a loan but not paid or recorded is $275.
There was no beginning balance of supplies and $550 of office supplies were purchased during the periced of the period $100 of supplies were on hand.
Prepald rent had a $1,000 normal balance prior to adjustment. By year-end $700 had expired.
Accrued salariesat the end of the period amounted to $900.
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