Ans. please

The following information for Big Ink Company is available on December 31, Year 9, which is the end of their fiscal year: a. August 1 -Paid $1,800 in advance for a 1-year insurance policy. b. December 15-Received $3,000 from a customer for work to be completed in December and January. As of December 31,$800 has been earned. c. June 30 -Purchased machinery for $80,000 that has a useful life of 8 years and a residual value of $14,000. It is depreciated using the double-declining balance method. d. October 31 -Accepted a 6 -month, $27,000,8% note from a customer for services. e. September 1 -Tenant in an apartment building owned by the company paid $9,600, which represents rent in advance for 6 months. The amount received was credited to the unearned rent account. Required Prepare the necessary December 31 yearly adjusting journal entries for the company. You may omit journal entry explanations. In the date column, use the letters provided to organize your entries. Please leave one empty row between entries. Date Account Debit Credit