Consider the following independent situations at December 31: (Click the icon to view the situations.) Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries. a. On October 1, a business collected $3,900 rent in advance, debiting Cash and crediting Unearned Revenue. The t Date Accounts and Explanation Debit Credit (a) Dec. 31 b. Salaries expense is $1,700 per dayMonday through Friday-and the business pays employees each Friday. This Date Accounts and Explanation Debit Credit (b) Dec. 31 c. The unadjusted balance of the Office Supplies account is $2,400. Office supplies on hand total $1,100. Date Accounts and Explanation Debit Credit (c) DAO 31 Choose from any liet ar antaran Metters to label the journal entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) rediting Uneared Revenue. The tenant was paying one year's rent in advance. At December 31, the business must account for the amount of rent it has earned. Debit Credit pays employees each Friday. This year Decenter 31 falls on a Thursday. Debit Credit on hand total $1,100 Debit Credit to the next net b. Salaries expense is $1,700 per dayMonday through Fridayand the business pays employees each Friday. Date Accounts and Explanation Debit Credit (b) Dec. 31 c. The unadjusted balance of the Office Supplies account is $2,400. Office supplies on hand total $1,100. Date Accounts and Explanation Debit Credit (c) Dec. 31 d. Equipment depreciation was $700. Debit Accounts and Explanation Date Credit (d) Dec. 31 in the navt lection Consider the following independent situations at December 31: (Click the icon to view the situations.) Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal d. Equipment depreciation was $700. Date Accounts and Explanation Debit Credit (d) Dec. 31 e. On April 1, when the business prepaid $1,440 for a two-year insurance policy, the business debited Prepai Date Accounts and Explanation Debit Credit (e) Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question. a. On October 1, a business collected $3,900 rent in advance, debiting Cash and crediting Unearned Revenue. 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. b. Salaries expense is $1,700 per day-Monday through Friday-and the business pays employees each Friday. This year December 31 falls on a Thursday. c. The unadjusted balance of the Office Supplies account is $2,400. Office supplies on hand total $1,100. d. Equipment depreciation was $700. e. On April 1, when the business prepaid $1.440 for a two-year insurance policy, the business debited Prepaid Insurance and credited Cash
