Case 2 Eaton Company has a calendar year-end accounting period. On October 1st, the company purchased office equipment for $60,000 It is estimated that the office equipment will depreciate $1000 each month. No adjusting entry has been made until year end on 31st of December. Regi Question 1:(15 marks) Prepare the required end-of-period adjusting entries for each independent case listed below. Case 1 Starr Company began the year with a $25,000 balance in the Office Supplies account. A physical count of office supplies on hard at the end of the year revealed that $8,000 worth of office supplies are on hand. No adjusting entry has been made until year end. Case 2 Eaton Company has a calendar year-end accounting period. On October 1st, the company purchased office equipment for $60,000 It is estimated that the office equipment will depreciate $1000 each month. No adjusting entry has been made until year end on 31st of December. Case 3 1. Liverpool Club accumulates the following adjustment data at December 31. Prepare adjusting entries. a. Salaries expense for administrative workers of $540,000 are unpaid. b. Prepaid insurance totaling $80,000 has expired