Among other items, the trial balance of Filmblaster, Inc., a movie rental company, at December 31 of the current year includes the following account balances:

Debits

Prepaid Insurance

$7,500

Prepaid Rent

16,800

Supplies on Hand

3,700

Examination of the records shows that adjustments should be made for the following items:

a.

Of the prepaid insurance in the trial balance, $3,200 is for coverage during the months after December 31 of the current year.

b.

The balance in the Prepaid Rent account is for a 12-month period that started September 1 of the current year.

c.

Interest in the amount of $400 has been earned but not received.

d.

Supplies used during the year amount to $1,300.

Prepare the annual year-end adjusting journal entries at December 31.