A n E m H H ON B D F G 4 5 1 On Jani, business bought one equipment for $49,000. The estimated useful life 6 is 5 years with the residue value $1,000. 7 8 unused 9 2 On Dec31, 2020, Business checked unexpired the insurance policy remaining 23,500. And business has $25,000 debit balance on prepaid insurance account at Dec31, 2020 before any year-end adjusting entries 12 10 11 13 14 3 On Jani, The business has paid two and half year rent $70,000. Now the first year has passed. Please record the adjusting entry on Dec31, 2020 15 16 CNNN 19 4 On Jan 1, 2020 the business had $1,050 debit balance. And the additional office 20 supplies $3,370 were purchased during the year. Now on Dec31, 2020, there 21 were only $280 of supplies left over there on hand 22 24 5 Three-fifth of the work for $150,000 service fees received in advance has been performed 25 26 29 6 Apr1, 2020 the business bought an auto for $62,000, its estimated useful life 30 is 4 years with residue value $4,000 at the end of its useful life 31 34 7 Dec31, 2020 the business found unrecorded and unpaid salary and wages for $8,200. 35 The owing amount will be paid in next week. 36 37 38 39 8 Please also record the Jan31, 2021 salary 21,000 payment entry, also inclusive of the 40 unpaid salary part at Dec31, 2020 from transaction 7 41