Prepare the necessary adjusting entry for each of the following:
1. Supplies on hand are $900 (the balance of the supplies account is $1,600).
2. Accrued salaries at year-end are $1,000.
3. Depreciation on equipment for the year is $600.

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The Answer of Prepare the necessary adjusting entry for each of the following:
1. Supplies on hand are $900 (the balance of the supplies account is $1,600).
2. Accrued salaries at year-end are $1,000.
3. Depreciation on equipment for the year is $600.

Prepare the Necessary Adjusting Entry for Each of the Following