Question on General Workbook for Adjustments in Accounting

[Kephrem1]

I am working on creating worksheets for adjustments and I am a bit confused.

I have uploaded my entries, which to my knowledge are accurate however, below are top level questions that I have,

In the adjustments section in blue Do we enter all expenses being recorded as Dr. as Dr makes an expense go up and Cr. respective assets that are impacted by this to keep Dr $ = Cr $?

Why is Accumul Depre Equipment entered as a Cr, and not against Equipment ? & is this considered an Asset?

Why is Interest Payable entered as a Cr, and not against Notes Payable above because I consider this to be a liability against an asset? & is this considered an Asset?

Last question regarding Bal. Sheet in the workbook, why are you entring the $1.4K in Dr for income statement and then in Cr in Bal. Sheet?

Thank you all for your help in advance! When answering if you could please break it down for me to simplify the logic so I could understand, it would be much appreciated!!

Thanks,