31. Prepare adjusting entries for the following transactions. Omit explanations. (6 points) 1. Depreciation on equipment is $900 for the accounting period. 2. There was no beginning balance of supplies and purchased $500 of office supplies during the period. At the end of the period $120 of supplies were on hand. 3. Prepaid rent had a $1,000 normal balance prior to adjustment. By year end $400 was unexpired. 32. Match the items below by entering the appropriate code letter in the space provided. (5 points) A. Journal B. Normal account balance C. Debit D. Simple entry E. Chart of accounts 1. Left side of an account. 2. A book of original entry. 3. The side which increases an account. 4. A list of all the accounts used by an enterprise. 5. An entry that involves only two accounts