Rent Expense 180,000 Interest Expense 60,000 Totals 4.024.000$4.024.000 The following information is provided regarding end of the FY required adjusting entries. 1. Equipment was purchased on June 1, it has an estimated life or 5 years with an estimated salvage value of $400,000 Alpha Dog used the double declining balance method for depreciation 2.Supplies on had at year end are $30,000. 3.0n 1/1/2017 interest of $58,000 and a principle payment of $20,000 must be made to the bank. The insurance policy is for 12 months and was purchased on March 1 5. Unbilled services that have been provided customers at year end is $35,000 Billings will be process the first week of compute the adjustments and then prepare the end of the fiscal year general journal closing entries without explanation). Note: determine the students are to only present the closing entries. This will require that the student work on the side to adjustments that were made to the unadjusted trial balance before they will be able to prepare the closing entries. not present any calculations or other information in the answer sheet expect for the required closing entries. 5 6 8 9