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11 /12 K/U & APP Name (First, Last): BAT Quiz-Record transactions for Adjusting Entries Bokhari Company prepares annual financial statements. Below are listed some selected accounts and their balances in the September 30 trial balance before any adjustments have been made for the year ended September 30, 2014. BOKHARI COMPANY Trial Balance (Selected Accounts) September 30, 2014 Debit Credit Office Supplies.. $2,700 Prepaid Insurance 5,400 Office Equipment 16,200 Accumulated Depreciation-Office Equipment. $ 6,480 1,200 Unearned Rent Revenue. (Note: Debit column does not equal credit column because this is a partial listing of selected account balances.) An analysis of the account balances by the company's accountant provided the following additional information: 1. A physical count of office supplies revealed $1,200 on hand on September 30. 2. A one-year life insurance policy was purchased on June 1 for $5,400. 3. Office equipment is expected to have a life of 5 years. Depreciation is recorded monthly. 4. Purchase invoices received in October 2014 pertaining to goods and services received in September 2014 are for the following: Utilities $210, Miscellaneous $140. Instructions: Prepare the adjusting entries that should be made by Bokhari Company on September 30. Include explanation and SHOW YOUR CALCULATIONS. HST accounts are not to be considered. General Journal Date Account Titles and Explanation Debit Credit 1. 2. 3. 4