1. On December 31, 2021 Trayton Eli counted the supplies. Remaining supplies totaled $1,000. 2. On November 30, 2021, Eli's Consulting Services paid $8,000 rent for December and January. 3. On December 1, Eli's Consulting Services purchased $11,000 worth of equipment. The equipment has an estimated useful life of five years and no salvage value. Requirement General Journal General Ledger Trial Balance Income Statement St Owner Equity Balance Sheet Impact on Income Show less 33% of available points - For transactions 1-3, review the unadjusted balance and prepare the adjusting entry necessary to correctly report the revenue earned or the expense incurred. After adjusting the accounts, review the financial statements for accuracy. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round final answer to the nearest whole dollar.) View transaction list View journal entry worksheet No Date Account Title Debit Credit 1 Dec 31, 2021 Supplies expense 500 Supplies 500 4,000 4,000 2 Dec 31, 2021 Rent expense Prepaid rent 3 Dec 31, 2021 Depreciation expense - equipment 183 Show less