All of the current year's entries for Zimmerman Company have been made, except the following adjusting entries. The company's annual accounting year ends on December 31. a. On September 1 of the current year, Zimmerman collected six months' rent of $9,600 on storage space. At that date, Zimmerman debited Cash and credited Unearned Rent Revenue for $9,600. b. On October 1 of the current year, the company borrowed $18,000 from a local bank and signed a one-year, 12 percent note for that amount. The principal and interest are payable on the maturity date. c Depreciation of $3,500 must be recognized on a service truck purchased in July of the current year at a cost of $22,000. d. Cash of $3,000 was collected on November of the current year for services to be rendered evenly over the next year beginning on November 1 of the current year. Unearned Service Revenue was credited when the cash was received e. On November 1 of the current year, Zimmerman paid a one-year premium for property insurance, $8,400, for coverage starting on that date. Cash was credited and Prepaid Insurance was debited for this amount f. The company earned service revenue of $4,000 on a special job that was completed December 29 of the current year. Collection will be made during January of the next year. No entry has been recorded. & At December 31 of the current year, wages earned by employees totaled $14,000. The employees will be paid on the next payroll date in January of the next year. h. On December 31 of the current year, the company estimated it owed $500 for this year's property taxes on land. The tax will be paid when the bill is received in January of next year. Required: Page 217 1. Indicate whether each transaction relates to a deferred revenue, deferred expense, accrued revenue, or accrued expense. 2. Give the adjusting entry required for each transaction at December 31 of the current year