a. Details of Prepaid Rent are shown in the account: Prepaid Rent Jan. 1 Bal. 5,500 Mar. 31 11,000 Sep. 30 11,000 Guy Construction pays office rent semi-annually on March 31 and September 30. At December 31, part of the last payment is still available to cover January to March of the next year. No rent expense was recorded during the year. b. Guy Construction has lent money to help employees find housing, receiving notes receivable in return. During the current year, the entity has earned interest revenue of $2,000 from employees' loans, which it will receive next year. c. The beginning balance of Supplies was $5,100. During the year, the company purchased supplies costing $16,500, and at December 31 the inventory of supplies remaining on hand is $6,900. d. Guy Construction is installing cable in a large building, and the owner of the building paid Guy Construction $50,000 as the annual service fee. Guy Construction recorded this amount as Unearned Service Revenue. Renee Potvin, the general manager, estimates that the company has earned 15 percent of the total fee during the current year. e. Guy Construction pays its employees each Friday. The amount of the weekly payroll is $5,000 for a five-day workweek, and the daily salary amounts are equal. The current accounting period ends on Thursday f. Amortization expenses for the current year includes Equipment, $24,000; and Trucks, $49,000. Record this as a compound entry. Details of the Prepaid reveah a beginning of 5,500 and to debit to accounts on March 31 off how and on september 30 of $11000 Guy construction pays office rent semiannually on March 31st and September 3o. At December 31, part of the last payment is still available to cover januaro, to March of the next year Recand debit first, then credits Enter explanches