35. C4.On April 1, a company paid the RM1,350 premium on a three-year insurance policy with benefits beginning on that date. What will be the insurance expense on the annual income statement for the year ended December 31? 0 Select one: a. RM1,012.50. b. RM450.00 o c. RM37.50. O d. RM1,350.00. O e. RM337.50. 36. C4.A company had no office supplies available at the beginning of the year. During the year, the company purchased RM250 worth of office supplies. On 31 December, RM75 worth of office supplies remained. How much should the company report as office supplies expense for the year? Select one: O a. RM175. O b. RM250. c. RM325. d. RM125. e. RM75. a 39. C4.Which of the following does not require an adjusting entry at year-end? Select one: O a. Accrued wages. b. Expired portion of prepaid insurance. c. Supplies used during the period. d. Cash invested by owner. O o e. Accrued interest on notes payable. 7. C4.ABC Restaurant received RM5,000 from a customer as booking fee for a birthday banquet for 1,000 guests, which is scheduled in three month's time. How should ABC restaurant record this entry at the time of receiving the booking fee? Select one: a. Dr. Bank, Cr. Revenue RM5,000 O O O b. Dr. Prepaid revenue, Cr. Bank RM5,000 c. Dr. Prepaid revenue, Cr. Revenue RM5,000 O d. Dr. Bank, Cr. Prepaid revenue RM5,000