4. Journalize and post the adjusting entries. a) One month of Insurance has expired. b) Supplies on hand on at the end of the month are $1,500. c) Accrued receptionist salary for the remainder of the month is $200. d) One month of rent was used. e) Unearned fees at the end of the month are $2,500. f) \$3,500 of fees needs to be accrued g) Calculate the interest for one month on the Note Payable using a 4% interest rate. (Use the Note Payable account and round to nearest whole number.) h) Depreciation of office equipment for the month based on SL depreciation over 5 years. (Round to nearest whole number) i) Bad Debt is 1% of sales for the month. (Round to nearest whole number) (Hint: Use the revenue balance after other adjusting entries have been completed) 101Cash120AccountsReceivable122AllowanceforDoubtfulAccounts124Supplies125PrepaidRent126PrepaidInurance150OfficeEquipment155AccumulatedDepreciation201AccountsPayable205NotePayable210SalariesPayable220UnearnedFees301APEl,Capital310APEl,Drawing320IncomeSummary401FeesEarned500BadDebtExpense501SalaryExpense502RentExpense503SuppliesExpense504DepreciationExpense505InsuranceExpense507InterestExpense509AdvertisingExpense512UtilitiesExpense515MealExpense 1. AP El deposited $60,000 into Elington Consulting as the sole owner. 1. Elington Consulting purchased supplies, $5,500; and office equipment, $21,500 with a 3 year note payable of $10,000 and the remainder in cash. 2. Paid four months' rent on a lease rental contract, $10,000. 3. Paid cash for a newspaper advertisement, $200. 4. Paid the yearly premium on property and casualty insurance policies, $9,000. 5. Purchased additional office equipment on account from Office Equip Co, $3,500. 6. Received cash from clients as an advance payment for services to be provided in the future, $4,000. 8. AP took clients out for a meal to discuss business, $100 10. Paid Office Equip Co. for part of the debt incurred on the 5th,$2,500 14. Paid cash for supplies, $4000. 15. Recorded services provided on account for the period of the 1st14th,$4,500. 16. Paid part-time receptionist for two weeks' salary, $700. 17. Recorded cash from cash clients for services provided during the period of the 1tt16th,$3,000. 19. Received cash from clients on account, $2,000. 21. Recorded services provided on account for the period of the 15th21sd,$2,500. 26. Recorded cash from cash clients for services provided for the period of the 17th25th,$3,500. 27. Received the electricity bill for the month, $200. (Will pay it later) 28. Paid part-time receptionist for two weeks' salary, $700. 29. Paid water bill for the month, $100. 30. Recorded cash from cash clients for services provided for the remainder of the month, $3,500. 30. Recorded services provided on account for the remainder of the month, $2,000. 31. AP El withdrew $5,000 for personal use