a. The business has interest expense of $ 3 comma 900$3,900 that it must pay early in JanuaryJanuary 20172017. b. Interest revenue of $4 comma 9004,900 has been earned but not yet received. c. On JulyJuly 1, 20162016, when the business collected $13 comma 60013,600 rent in advance, it debited Cash and credited Unearned Rent Revenue. The tenant was paying for two years' rent. d. Salary expense is $6 comma 4006,400 per daylong dashMonday through Fridaylong dashand the business pays employees each Friday. For the purpose of this calculation, assume DecemberDecember 31 falls on a Thursday. e. The unadjusted balance of the Supplies account is $3 comma 3003,300. The total cost of supplies on hand is $ 1 comma 900.$1,900. f. Equipment was purchased on January 1 of this year at a cost of $100 comma 000100,000. The equipment's useful life is five years. There is no residual value. Record depreciation for this year and then determine the equipment's book value.

.	Journalize the adjusting entry needed at DecemberDecember 31, 20162016, for each situation. Consider each fact separately. (Record debits first, then credits. Exclude explanations from any journal entries.)

a. The business has interest expense of

$ 3 comma 900$3,900

that it must pay early in

JanuaryJanuary

20172017.

Journal Entry

	Accounts	Debit	Credit
a.