Adjusting Entries For each of the following unrelated situations, prepare the necessary adjusting entry in general journal form a. Unrecorded deprecation on equipment is $2,500 b. The Supplies account has a balance of $4,600. Supplies on hand at the end of the period totaled $2,600. c. On the date for preparing financial statements, an estimated utilities expense of $2,000 has been incurred, but no utility bill has been received. d. On the first day of the current month, rent for four months was paid and recorded as a $4,400 debit to Prepaid Rent and a $4,400 credit to Cash. Monthly statements are now being prepared e. Nine months ago, Macke Insurance Company sold a one-year policy to a customer and recorded the receipt of the premium by debiting Cash for $2,224 and crediting Unearned Premium Revenue $2,224, No adjusting entries have been prepared during the nine-month period. Annual financial statements are now being prepared. At the end of the accounting period, employee wages of $2,200 have been incurred but not paid. At the end of the accounting period, $2,100 of interest has been earned but not yet received on notes receivable that are held.