A Company purchased a computer for $4.800 on December 1. It is estimated that annual depreciation on the computer will be $960. If financial statements are to be prepared on December 31, the company should make the following adjusting entry: Debit Depreciation Expense, $960; Credit Accumulated Depreciation, $960 Debit Depreciation Expense, $80, Credit Accumulated Depreciation, $80 Debit Depreciation Expense, $3,840, Credit Accumulated Depreciation, $3,840 Debit Office Equipment, $4,800; Credit Accumulated Depreciation, $4,800 A Company collected $8.400 in October 1 of 2018 for 4 months of service which would take place from October of 2018 through January of 2019. The revenue reported from this transaction at the end of 2018 adjusting entry would be: 0 $6,300 OOO $8,400 $2,100 A Company signed a four-month note payable in the amount of $8,000 on September 1. The note requires interest at an annual rate of 9%. The amount of interest to be accrued at the end of September is: $240 $60 OO $720 o $80 On July 1, Dexter Store paid $8,000 to ACE Company for 4 months rent beginning July 1. Prepaid Rent was debited for the full amount. If financial statements are prepared on July 31, the adjusting entry to be made by Dexter Store is: * Debit Rent Expense, $8,000; Credit Prepaid Rent, $2,000 Debit Rent Expense, $2,000; Credit Prepaid Rent, $2,000 Debit Rent Expense, $8,000; Credit Prepaid Rent, $8,000 None of the above