Prepare year-end adjustments for the following transactions. Omit explanations.
1. Accrued interest on notes receivable, $85.
2. Revenues received in advance now earned, $1,000.
3. Three years rent, totalling $36,000, was paid in advance at the beginning of the year.
4. Services totalling $2,100 had been performed but not yet invoiced at the end of the year.
5. Depreciation on equipment totalled $4,500 for the year.
6. Supplies for use totalled $690. By year end, only $100 in supplies remained.
7. Salaries owed to employees at the end of the year total $1,000.

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The Answer of Prepare year-end adjustments for the following transactions. Omit explanations.
1. Accrued interest on notes receivable, $85.
2. Revenues received in advance now earned, $1,000.
3. Three years rent, totalling $36,000, was paid in advance at the beginning of the year.
4. Services totalling $2,100 had been performed but not yet invoiced at the end of the year.
5. Depreciation on equipment totalled $4,500 for the year.
6. Supplies for use totalled $690. By year end, only $100 in supplies remained.
7. Salaries owed to employees at the end of the year total $1,000.

Prepare Year-End Adjustments for the Following Transactions