1. ABC Company requires adjusting journal entries for the following transactions;(You are making the entries needed on 12/31/18) The Supplies account shows a balance of $1,350. A physical count at year end reveals that there are $1,200 of supplies on hand. On November 30, 2018 ABC paid $6,000 for 6 months of rent for Decem through May 2019. ABC debited rent expense for the full amount. What entry is required on 12/31/18? ABC received a bill for advertsing expenses for $2,500 on 12/12/18. The bill will not be paid until January, 2019. ABC employees work Monday through Friday and salaries are paid on Friday of the same week. Weekly salaries are $5,000. 12/31/18 falls on a Wednesday. What entry is required on 12/31/18