Website Portal List List Question: 4 Adjusting entries GST IS NOT APPLICABLE IN THE FOLLOWING TRANSACTIONS 30 June: Interest (GST free) revenue of $25,000 earned but not yet received or recorded 30 June: $30,000 of Depreciation of machinery is to be recorded as the amount used for the year 30 June: $76,000 of consultation fees previously received in advance from clients has now been earned i.e. provided to the clients 30 June: $12,000 of prepaid insurance has now expired. 30 June: Interest expense accrued on bank loan is $29,000 (GST free) but has not been paid. Required: Record the adjustments above at 30 June in the general journal template below, with narrations