All of the current year's entries for Pumpkin Company have been made, except for the following items.Prepare the adjusting entries for the quarter ended December 31.

a.Pumpkin received cash during the year from customers purchasing gift cards and recorded an increase in cash and an increase in Unearned Revenues.During the quarter, customers redeemed a portion of the gift cards for $5,000 in pumpkins.

b. Depreciation of $2,500 must be recognized on equipment purchased in October for $20,000.

c. On October 1, Pumpkin paid $6,000 for six months of storage space beginning on October 1st.At that date, Pumpkin debited Prepaid Storage and credited Cash.

d.Pumpkin's employees earned $3500 in wages for working two days at the end of the year for which they will be paid in the following year.

e. Pumpkin received an electric bill for $3,000 for usage during the month of December.