Check my work 1. On June 1, 20X1. Conner Company, a new firm paid $5,880 rent in advance for a seven-month period. The $5,880 was debited to the Prepaid Rent account. 2. On June 1, 20X1, the firm bought supplies for $7150 The $7150 was debited to the Supplies account. An inventory of supplies at the end of June showed that items costing $2,900 were on hand 3. On June 1, 20x1, the firm bought equipment costing $47.520. The equipment has an expected useful life of 9 years and no salvage value. The firm will use the straight-line method of depreciation Prepare end-of-June adjusting entries for Conner Company. View transaction list Journal entry worksheet A B Prepare the adjusting entry for prepaid rent. Note: Enter debits before credits View transaction list Journal entry worksheet