Question 45 Prepare adjusting entries for the following transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1 2. Depreciation 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 period. At the end of the period $100 of supplies were on hand. Prepaid rent had a $1.000 normal balance prior to adjustment. By year end $700 had expired. Accrued salaries at the end of the period amounted to $900. 5. Accrued salaries at the end of the period amounted to $900. rvo neo expreta No. Account Titles and Explanation Debit Credit