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1 Willow Window Washing Services prepares adjustments monthly and shows the following selected accounts on its December 3 1 , 2 0 2 3 ,

1
Willow Window Washing Services prepares adjustments monthly and shows the following selected accounts on its December 31,
2023, unadjusted trial balance:
\table[[Account,Debit],[Prepaid insurance,3,660],[Prepaid office rent,22,000],[Prepaid subscriptions,1,280],[Prepaid equipment rental,25,760]]
Required:
Prepare the required monthly adjusting entries at December 31,2023, based on the following additional information:
a. The remaining balance in Prepaid Insurance was for a six-month insurance policy purchased for $7,320 and in effect on September 1,2023.
b. $5,000 of the balance in Prepaid Office Rent had not been used as at December 31,2023.
c. $1,120 of the balance in Prepaid Subscriptions had been used as at December 31,2023.
d. The company paid $33,120 on April 1,2023, to rent equipment for a three-year period beginning April 1,2023.
Journal entry worksheet
Record the expired insurance.
Note: Enter debits before credits.
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