All of the transactions of Harding Trading Co. for the year have been journalized and posted. The following information has been gathered for the adjustment process as of December 31, 2018: A. The Supplies account shows a balance of $950. A count of supplies revealed $480 on hand, B. The $1,560 premium relating to a one-year insurance policy was paid on December 1, 2018 C. The company's equipment, which was purchased last year, depreciates at a rate of $1,200 per year. D. On September 30, 2018, a customer paid $9,800 in advance for services; as of December 31, 2018, services in the amount of $2,940 had been performed for this customer. E. Employees are paid $2,800 on Fridays for the 5-day workweek, which ends on that Friday. However, December 31, 2018 falls on a Thursday F. The company has completed $410 of work for customers, the customers have not yet been billed and the related revenue has not been recorded Required: a. Prepare the required adjusting entries required at December 31, 2018 b. For each of the adjusting items, indicate the amount and the direction of effects of the adjusting journal entry on the elements of the balance sheet and income statement. Complete the following table by entering the amount and the direction (+ for increase. - for decrease) or leave blank for no effect. Complete this question by entering your answers in the tabs below. Required A Required B Journal entry worksheet Record adjusting entry given that the supplies account shows a balance of $950. A count of supplies revealed $480 on hand at December 31, 2018. Note: Enter debits before credits. General Journal Debit Credit Transaction A Record entry Clear entry View general journal Journal entry worksheet Record adjusting entry given that office equipment depreciates at a rate of $1,200 per year. The equipment has been owned all year. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry Who Doll Journal entry worksheet Record adjusting entry given that a client paid $9,800 in advance for services to be rendered later, which was recorded as unearned revenue. Of this amount, $2,940 was earned as of December 31, 2018. Note: Enter debits before credits. General Journal Debit Credit Transaction D Journal entry worksheet