Current Attempt in Progress

Prepare year$-$end adjustments for the following transactions. $($List all debit entries before credit entries. Credit account titles are

automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the

account titles and enter $0$ for the amounts.$)$

Accrued interest on notes receivable is $$30.$

$$1,240$ of unearned service revenue should be recognized as revenue.

Three years' rent, totaling $$55,800,$ was paid in advance at the beginning of the year.

Services totaling $$3,606$ had been performed but not yet billed at the end of the year.

Depreciation on equipment totaled $$8,060$ for the year.

Supplies purchased totaled $$1,054.$ By year$-$end, only $$310$ of supplies remained.

Salaries owed to employees at the end of the year total $$1,186.$

No$.$ Account Titles and Explanation

Debit

Credit

Interest Receivable

Interest Revenue