Arnez Company's annual accounting period ends on December 31, 2018. The following Information concerns the adjusting entries to be recorded as of that date a. The Office Supplies account started the year with a $3,000 balance. During 2018, the company purchased suppliles for $12,390, which was added to the Office Supples account. The Inventory of supplles avallable at December 31, 2018, totaled $2,640 b. An analysis of the company's Insurance policies provided the following facts. Months of Coverage 24 36 12 PolicyDate of Purchase Cost April 1, 2816 April 1, 2817 August 1, 2818 $1e,832 8,856 7,632 The total premium for each policy was pald In full (for all months) at the purchase date, and the Prepald Insurance account was deblted for the full cost. (Year-end adjusting entries for Prepald Insurance were properly recorded In all prior years.) c. The company has 15 employees, who earn a total of $2,550 In salarles each working day. They are pald each Monday for thelr work In the five-day workweek ending on the previous Friday. Assume that December 31, 2018, Is a Tuesday, and all 15 employees worked the first two days of that week. Because New Year's Day is a pald holiday, they will be pald salaries for five full days on Monday, January 6, 2019 d. The company purchased a bullding on January 1, 2018. It cost $705,000 and is expected to have a $45,000 salvage value at the end of its predicted 20-year life. Annual depreclation is $33,000 e. Since the company is not large enough to occupy the entire bullding It owns, It rented space to a tenant at $3,300 per month, starting on November 1, 2018. The rent was pald on time on November 1, and the amount recelved was credited to the Rent Earned account. However, the tenant has not pald the December rent. The company has worked out an agreement with the tenant, who has promised to pay both December and January rent in full on January 15. The tenant has agreed not to fall behind agaln. f. On November 1, the company rented space to another tenant for $2,990 per month. The tenant pald five months' rent In advance on that date. The payment was recorded with a credit to the Unearned Rent account. Journal entry worksheet Record the receipt of two months rent. Note: Enter debits before credits. Date General Journal Debit Credit Jan 15 Record entry Clear entry View general journal Journal entry worksheet Record the payment of accrued and current salaries. Note: Enter debits before credits Date General Journal Debit Credit Jan 06 Record entry Clear entry View general journal