2. Prepare t-accounts to record the following unrelated calendar year-end adjustments for an independent company (12 points). I. Estimated depreciation on office equipment for the year. $5,250. Depreciation office equipment II. The Prepaid Insurance account has a $4.280 debit balance before adjustment. An examination of insurance policies shows $1,350 of insurance expired. III. Interest expense owed at period end, $550. IV. The company had $600 of store supplies available at the beginning of the current year. During the year, this company purchased $2.550 worth of store supplies. At year end. $475 of store supplies remained. V. On November 1, the company received six months' rent in advance from a tenant whose rent is $725 per month. The $4,350 was credited to the Unearned Rent account. VI. The company collects rent monthly from its tenants. One tenant whose rent is $875 per month has not paid his rent for December. Page 3 of 11