apter 3a Save Part 1 of 10 Points: 0 of 3 For each of the following five independent situations, joumalize the adjusting entry and the related transaction (elther before or after it). (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Round amounts to the nearest whole dollar.) (Click the icon to view the situations.) Next question Situations a. Dec 1-business receives $3,600 for a 10-month service contract Date Accounts and Explanation Debit Credit (a) Dec 1 a, Dec. 1-business receives 53,600 for a 10-month service contract. Dec. 31-year-end adjusting entry needed to update the balance in the account b. Mar 31 - work performed but not yet billed to customers for the month, $2,000, Apr. 21 - received payment for the work that was completed c. Jun. 15 - purchased $2,700 of office supplies on account. Dec. 31 - a count of supplies shows that only $1,300 worth is left at year-end, so the balance in the account needs to be updated d. Feb. 2-business paid a $550 deposit for the last month's rental of a copler on a 10-month contract Nov. 30 - the rental period for the copier ended, so the balance in the prepaid account must be updated. e. Jun. 1-purchased truck for $33,000 (cash) with an expected useful life of six years. Dec 31 - year-end adjusting entry needed to record amortization. Help me solve this Calculator Ask my instructor Print Done O Clic 2C * ENG Type here to search 831P 2022-0