UUSES 333105519C UUUUUU Your answer is partially correct. The ledger of Concord Corporation on July 31, 2022, includes the selected accounts below before adjusting entries have been prepared Credit Debit $24.000 Investment in Note Receivable Supplies 23,000 Prepaid Rent 3,400 Buildings 260,000 Accumulated Depreciation-Buildings $130,000 10,600 Unearned Service Revenue An analysis of the company's accounts shows the following. 1. The investment in the notes receivable earns interest at a rate of 6% per year. 2. Supplies on hand at the end of the month totaled $15,000. 3. The balance in Prepaid Rent represents 4 months of rent costs. 4. Employees were owed $3,100 related to unpaid salaries and wages. 5. Depreciation on buildings is $6,240 per year. 6. During the month, the company satisfied obligations worth $4,850 related to the Unearned Services Revenue. 7. Unpaid maintenance and repairs costs were $2,000. Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly. (if no entry is required, select "No Entry for the enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit No. Date Account Titles and Explanation Lluny del S erca, o noringent manually.) No. Date Account Titles and Explanation Debit Credit 1. July 31 Interest Receivable Interest Revenue 2 July 31 Supplies Expense Supplies 3. July 31 Rent Expense 850 Prepaid Rent 850 4. July 31 Salaries and Wages Expense 3100 Salaries and Wages Payable 3100 5. July 31 Depreciation Expense Accumulated Depreciation-Buildings 6. July 31 Uneared Service Revenue 4,850 Service Revenue 4,850 7. July 31 Maintenance and Repairs Expense 2000 Accounts Payable 2000