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The ledger of Sunland Company on July 31, 2022, includes the selected accounts below before adjusting entries have been prepared. Credit Investment in Note Receivable

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The ledger of Sunland Company on July 31, 2022, includes the selected accounts below before adjusting entries have been prepared. Credit Investment in Note Receivable Supplies Prepaid Rent Buildings Accumulated Depreciation-Buildings Unearned Service Revenue Debit $22,000 21,000 2,800 290,000 $150,000 10,500 An analysis of the company's accounts shows the following. 1. 2. 3. 4. 5. The investment in the notes receivable earns interest at a rate of 6% per year. Supplies on hand at the end of the month totaled $16,600. The balance in Prepaid Rent represents 4 months of rent costs. Employees were owed $3,100 related to unpaid salaries and wages. Depreciation on buildings is $4,320 per year. During the month, the company satisfied obligations worth $4,750 related to the Unearned Services Revenue. Unpaid maintenance and repairs costs were $2,200. 6. 7. Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly. (If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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