10 points 3. Adjusting entries a. On December 31, Lion Company received a $215 utility bill for December that it will not pay until January 15. The adjusting entry needed on December 31 to accrue this expense is: b. Lion purchases $50,000 equipment on March 1, 2019. It is expected to last 5 years and be worth $5,000 at the end of that time CLion receives $25,000 cash in advance for 5 months of consulting service from October 15, 2019 to March 15, 2020. It is now December 31, 2019 and Lion has provided consulting service as planned. d. An annual of the company's insurance policies provided the following table. Policy Date of Purchase Cost Month of Coverage A. June 1, 2018 12 months $ 6,000 B. March 1, 2019 24 months $ 3,000 e. The supplies account had $5,700 debit balance on December 31, 2018. During 2019, 510,000 of supplies are purchased. A physical count of supplies at December 31, 2019 shows $11,200 of supplies unavailable Write your general journal below: 10