3 The following information is available for Crest Company. Supplies $3,500 Unearned revenue $17,800 Prepaid Insurance $12,000 Notes payable $20,000 Additional information: 1. Supplies worth $5,000 were purchased throughout the year. At the end of the year $1,200 worth of supplies remain on hand. 2. Notes payable was signed on April 1 with 2 years maturity period and 10% interest rate 3. $3,500 of the unearned revenue has been earned 4. A two years insurance was purchased on September 1 Required: Prepare Adjusting entries on December 31. Date Particular Debit Credit