Consider the following independent situations at December 31: 1. On July 1, a business collected $6,660 rent in advance, debiting Cash and crediting Unearned Revenue. a. The tenant was paying one year's rent in advance. On December 31, the business must account for the amount of rent it has earned. 2. Salaries expense is $1,210 per day-Monday through Fridayand the business pays employees each Friday. This year, December 31 falls on a Thursday. 3. The unadjusted balance of the Office Supplies account is $2,790 Office supplies on hand total $1,640. 4. Equipment depreciation was $210. 5. On October 1, when the business prepaid $5,880 for a two-year insurance policy, the business debited Prepaid Insurance and credited Cash. Journalize the adjusting entry needed on December 31 for each situation. Date Description December 31 Uneanred Revenue December 31 December 31 Rent Revenue December 31 December 31 Debit Credit