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Ch Each of the following independent events requires a year-end adjusting entry. a. Paid $9.900 cash in advance on July 1 for a one-year lease

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Ch Each of the following independent events requires a year-end adjusting entry. a. Paid $9.900 cash in advance on July 1 for a one-year lease on office space. b. Purchased $3,200 of supplies on account on April 15. At year-end, S120 of supplies remained on hand. c. Received a $10,700 cash advance on July 1 for a contract to provide services for one year beginning immediately. d. Paid $4,300 cash in advance on February 1 for a one-year insurance policy. Required Record each event and the related adjusting entry in general journal format. The first event is recorded as an example. Assume a December 31 closing date. (Do not round Intermediate calculations. Round your final answer to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field) Account Titles Debit Credit July 1 Prepaid rent Cash Date 9,900 0.000 Dec. 31 4,950 Rent Expense (0,9006/12) Prepaid rent 4,950 VIEW LEGISGLOST Journal entry worksheet

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