18 135 point Which of the following situations requires On Time Corporation to record an adjusting entry at the end of September On August 15. On Time Corporation purchased office equipment with an estimated useful life of five years On September 30, On Time Corporation pas for maintenance and repairs work done to its office building during September On September 15, On Time Corporation as the janitor for September office cleaning services On September 30. On Time Corporation receives payment from a customer for September shipping services. OOOO 192125 points No More Clutter Inc provides home organization services. The company as the annual 12 month: 51200 renewal of itsurance policy on a 1.2001. On January the adjusting entry required would include a debit to nothing because the policy has already been paid in full Cash for $100 Insurance Expense for $100 Prepaid Insurance for $100, 20 3.125 points The owner of Shore Florist buys a new delivery van for $30,000 which he expects to use in the business for the next eight years. Depreciation expense for the first year is $3.750. The entry to record the depreciation expense on the van after 1 month will include a debit to O Depreciation Expense. O Cash Accumulated Depreciation Equipment