A) A count of supplies revealed $2,000 worth on hand at December 31, 2018 B) An insurance policy, purchased on January 1, 2018, covers four years. C) The equipment depreciates at a rate of $2,600 per year, no depreciation has been recorded for 2018. D) One half (or 50%) of the amount recorded as Deferred Revenue remains deferred as of December 31, 2018 E) The accrued amount of salaries and wages at December 31, 2018 is $3,600. 16 points Required: Prepare the required adjusting journal entries for the company as of December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) S 02:00:10 View transaction list Journal entry worksheet ABABA A count of supplies revealed $2,000 worth on hand at December 31, 2018. Record the adjusting entry. Note: Enter debits before credits Transaction General Journal Debit Credit ELI As of December 31, 2018, Moon Glow Inc. had the following unadjusted trial balance. All accounts listed have normal balances Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Notes Payable (long-term) Deferred Revenue Service Revenue Salaries and Wages Expense $ 18,000 3,600 4,200 8,888 26,eee 3,600 36,000 13.000 46,000 38,000 02:00:16 The following information is also available: A) A count of supplies revealed $2,000 worth on hand at December 31, 2018 B) An insurance policy. purchased on January 1, 2018, covers four years. C) The equipment depreciates at a rate of $2,600 per year, no depreciation has been recorded for 2018. D) One half (or 50%) of the amount recorded as Deferred Revenue remains deferred as of December 31, 2018 E) The accrued amount of salaries and wages at December 31, 2018 is $3,600. Required: Prepare the required adjusting journal entries for the company as of December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 > 4 5