3B-3. (Similar to problem 3B-1) Journalize the adjustments as of October 31. entries for the folloning a. Interest revenue accrued is $8,400. b. Prepaid insurance is reduced by $900. c. Depreciation expense is $700. d. Supplies were purchased earlier for $4,900. $700 of these supplies on the total job) is now eaned. f. S3,800 of employee salaries are owed on October 31 but not yet paid remained on October 31 e. $2,900 of unearned revenue (the customer made a prepayment of $7,600 Taxes owed at the end of the year but not yet paid were $3,900 h Office rent in the amount of in the amount of $45,000 had been paid in advance for company has used this office for the entire year. (Assume that years. The adjusting entries are made only once a year at the end of October.) 3B-4. (Similar to problem 3B-2) For the transactions listed, make the original accounting entry, if any; then make the appropriate adjusting entry that would occur on December 31. Please use the T-account format, mark the original entry with "org" and the adjusting entry with "adj". You do not neod to worry about balances in the various accounts a. On March 22, the company purchased supplies for $3,900 on account. On December 31 the amount of supplies remaining had a value of $800 b. The company purchased equipment for $18,000 cash on April I. The equipment has a 3-year useful life. c. On October 1, the company paid $40,000 cash in advance for 4 years re on a new office d. On July 1, the company borrowed $60,000 at 10% annual interest from another company. The note and all the interest is due in one year. eThe company employees get paid on the 7th of each month. As of December 31, the employees are owed $10,400 in wages. (In this case, show the adjusting entry and then the entry that would be made on January 7th to record payment.) hanter 3 Section B