Journalize the following adjusting transactions. Omit explanations and Ref. information:?Depreciation on equipment is $1,340 for the accounting period.Interest owed on a loan but not paid or recorded is $275.There was no beginning balance of supplies and $550 of office supplies were purchased during the period. At the end of the period $100 of supplies were on hand.Prepaid rent had a $1,000 normal balance prior to adjustment. By year end $700 had expired.Accrued salaries at the end of the period amounted to $900.Accrued interest on notes receivable is $30.$1,000 of unearned service revenue has been earned.Services totaling $2,900 had been performed but not yet billed at the end of the year.
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