a.-b. Merchandise inventory, before adjustment, has a balance of $7,400. The newly counted inventory batonce is $7,900 c. Unearned Seminar Fees has a balance of $5,900, representing prepayment by customers for five 5 cminars to be conducted in June, July, and August 20X1. Two seminars had been conducted by June 30, 20X1. d. Prepaid insurance has a balance of $11,400 for six months' insurance paid in advance on May 1,20x1. e. Store equipment costing $13,450 was purchased on March 31, 20X 1. It has a salvage value of $490 and a usefialife of sixx years 1. Employees have earned $240 that has not been paid at June 30,201. g. The employer owes the following taxes on wages not paid at June 30, 20Xt: SUTA, \$7.20; FUTA, \$1.44; Medicare, \$3.48, and social security, $14.88. h. Management estimates uncollectible accounts expense at 1 percent of sales. This year's soles were $1,900,000. i. Prepaid Rent has a balance of $6,450 for six months' tent paid in advance on March 1, 20X1. j. The Supplies account in the general ledger has a bolance of $390. A count of supplies on hand at June 30,201, indicated $145 of supplies remain. k. The company borrowed $8,800 from Second Bancorp on June 1, 20X1, and issued a four-month note. The note bears interest at . 6 percent. Required: Based on the information above, record the adjusting journal entries that must be made for Sufen Consulting on June 30,20x1. The company has a June 30 fiscal year-end. Analyze: After all adjusting entries have been journalized and posted, what is the balance of the Prepaid Rent account? Complete this question by entering your answers in the tabs below. Based on the information above, record the adjusting journal entries that must be made for Sufen Consulting on June 30 , 20x1. The Based on the information above, record the adjusting jour a chers to 2 decimal places.)