a. Prepaid building rent for one year on Aprit 1 by paying $6,600. Prepaid rent was debited tor the amount paid. b. Prepaid 12 months' insurance on October 1 by paying $4,200. Prepaid insurance was debited. c. Purchased \$5,250 of office supples on October 15, debibng supples tor the fult amount, Otfice supplies costing $1,085 remain unused at December 31,2022. d. Paid $600 tor a 12 -month service contract for repairs and maintenance on a coenputer. The contract begins November 1. The full amount of the payment was debited to prepaid repairs and maintenance: Required: Prepare journal entries to record the payment of cash for each Youpt transaction. Piepare adiuating entries for the eccpammens at December 31,2022 For al of the above lems, asouns wartse accountart falied to make the adfusting entries. What would be the eflegon net income? C. ranous nace. b. Prepaid 12 months' insurance on October 1 by paying \$4.200. Prepaid insurance was dobited. c. Purchased 55,250 of oftice supples on October 15, debing supplins lor the tull amount Otice supplies costing $1,085 remain unused at Decerober 31,2002 . a. Paid seoo tor a 12 month service contract lot repairs and maintenance on a computor. The contract begins Noverber 1. The fut amount of the payment was debled to prepaid repains and maintenance. Required: Propstro foumal onteies to recone the payment of cash for wach Youbcant transaction. Piepars adputing ontries for the prepayments at December 31,2022. For al of the above tains, assime ther the accourtart talied to make ene aclusiting ontries, What would be the ellect on net income