a. On December 31, 20X1, the Notes Payable account at Northwood Manufacturing Company had a balance of $12,500. This balance represented a three-month, 9 percent note issued on November 1. b. On January 2, 20X1, Hitech Computer Consultants purchased flash drives, paper, and other supplies for $6,320 in cash. On December 31, 20X1, an inventory of supplies showed that items costing $1,640 were on hand. The Supplies account has a balance of $6,320 c. On October 1, 20x1, North Dakota Manufacturing paid a premium of $13,800 in cash for a one-year insurance policy. On December 31, 20X1, the Prepaid Insurance account has a balance of $13,800. d. On June 1, 20X1, Headcase Beauty Salon signed a one-year advertising contract with a local radio station and issued a check for $12,600 to pay the total amount owed. On December 31, 20X1, the Prepaid Advertising account has a balance of $12,600. For each of the above independent situations, prepare the adjusting entries that must be made on the December 31, 20X1, worksheet assuming no previous adjusting entries have been made during the year. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < 1 2 3 4 Record an adjusting entry for interest. Note: Enter debits before credits. Date Dec 31, 20X1 General Journal Debit Credit View general journal Record entry Clear entry a. On December 31, 20X1, the Notes Payable account at Northwood Manufacturing Company had a ba balance represented a three-month, 9 percent note issued on November 1. b. On January 2, 20X1, Hitech Computer Consultants purchased flash drives, paper, and other supplies December 31, 20X1, an inventory of supplies showed that items costing $1,640 were on hand. The S balance of $6,320 c. On October 1, 20X1, North Dakota Manufacturing paid a premium of $13,800 in cash for a one-year in December 31, 20X1, the Prepaid Insurance account has a balance of $13,800. d. On June 1, 20X1, Headcase Beauty Salon signed a one-year advertising contract with a local radio st $12,600 to pay the total amount owed. On December 31, 20X1, the Prepaid Advertising account has For each of the above independent situations, prepare the adjusting entries that must be made on the worksheet assuming no previous adjusting entries have been made during the year. (Round your answ View transaction list Journal entry worksheet < 1 2 3 Record an adjusting entry for supplies used. Note: Enter debits before credits. Date Dec 31, 20X1 General Journal Debit Credit Record entry Clear entry View general journal a. On December 31, 20X1, the Notes Payable account at balance represented a three-month, 9 percent note issued on November 1. b. On January 2, 20X1, Hitech Computer Consultants purchased flash drives, paper, and other supp December 31, 20X1, an inventory of supplies showed that items costing $1,640 were on hand. Th balance of $6,320 c. On October 1, 20X1, North Dakota Manufacturing paid a premium of $13,800 in cash for a one-ye December 31, 20X1, the Prepaid Insurance account has a balance of $13,800. d. On June 1, 20X1, Headcase Beauty Salon signed a one-year advertising contract with a local radi $12,600 to pay the total amount owed. On December 31, 20X1, the Prepaid Advertising account For each of the above independent situations, prepare the adjusting entries that must be made on 1 worksheet assuming no previous adjusting entries have been made during the year. (Round your a View transaction list Journal entry worksheet 1 2 Record an adjusting entry for insurance expired. Note: Enter debits before credits. Date Dec 31, 20X1 General Journal Debit Credit ^ Record entry Clear entry View general journal a. On December 31, 20X1, the Notes Payable account at Northwood Manufacturing Company hac balance represented a three-month, 9 percent note issued on November 1. b. On January 2, 20X1, Hitech Computer Consultants purchased flash drives, paper, and other sup December 31, 20X1, an inventory of supplies showed that items costing $1,640 were on hand. T balance of $6,320 c. On October 1, 20X1, North Dakota Manufacturing paid a premium of $13,800 in cash for a one-y December 31, 20X1, the Prepaid Insurance account has a balance of $13,800. d. On June 1, 20X1, Headcase Beauty Salon signed a one-year advertising contract with a local rac $12,600 to pay the total amount owed. On December 31, 20X1, the Prepaid Advertising accour For each of the above independent situations, prepare the adjusting entries that must be made on worksheet assuming no previous adjusting entries have been made during the year. (Round your View transaction list Journal entry worksheet < 1 2 3 Record an adjusting entry for advertising expired. Note: Enter debits before credits. Date Dec 31, 20X1 General Journal Debit Credit Record entry Clear entry View general Journal