8 Journalize the following adjusting entries as of December 31 (2 points each) SKIP A LINE BETWEEN LETTERS !!!! a. Supplies were bought on June 1 for $1000 and Aug. 8th for $2000. December 31 inventory of supplies is $500. b. Bought a three-year insurance policy on April 1 for $3600. Record the adjusting entry on December 31 c. Paid weekly wages for a 5-day workweek $40,000, December 31 falls on a Tuesday. Record the adjusting entry on December 31. d. Received $36,000 advance payment from ABC Inc. on July 1 for services to be performed over the next 8 months. Record the is the adjusting entry on December 31. As of December 31, $17,000 of a $25,000 job has been completed. The customer will be billed when the job is completed. Record the adjusting entry on December 31. e. Date Description Debit Credit