a. On December 31, 20X1, the Notes Payable account at Tsang Manufacturing Company had a balance of $18,000. This balance represented a three-month, 8.5 percent note issued on November 1. b. On January 2, 20X1, Hitech Computer Consultants purchased flash drives, paper, and other supplies for $6,230 in cash. On December 31, 20X1, an inventory of supplies showed that items costing $1,620 were on hand. The Supplies account has a balance of $6,230. c. On October 1, 20X1, South Dakota Manufacturing paid a premium of $14,640 in cash for a one-year insurance policy. On December 31, 20X1, the Prepaid Insurance account has a balance of $14,640. d. On June 1, 20X1, Headcase Beauty Salon signed a one-year advertising contract with a local radio station and issued a check for $13,200 to pay the total amount owed. On December 31, 20X1, the Prepaid Advertising account has a balance of $13.200. For each of the above independent situations, prepare the adjusting entries that must be made on December 31, 20X1, worksheet assuming no previous adjusting entries have been made during the year 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 Clear entry Record entry > Journal entry worksheet < 1 2 3 4 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 > Journal entry worksheet 1 2 3 4 Record an adjusting entry for insurance expired. Note: Enter debits before credits. Date Dec 31, 20X1 General Journal Debit Credit Clear entry View general journal Record entry Journal entry worksheet < 1 2 3 4 Record an adjusting entry for advertising expired. Note: Enter debits before credits. Date Dec 31, 20X1 General Journal Debit Credit View general journal Record entry Clear entry For each of the above independent situations, prepare the adjusting entries that must be made on December 31, 20X1, worksheet assuming no previous adjusting entries have been made during the year. View transaction list View journal entry worksheet No Date General Journal Debit Credit