Daily Driver, Incorporated (DDI), operates a driving service through a popular ride-sharing app. DDI has prepared a list of unadjusted account balances at its December 31 year-end. You have reviewed the balances and made notes shown in the right column. DAILY DRIVER, INCORPORATED Unadjusted Trial Balance At December 31 Account Name Debit Credit Notes Cash $ 1,750 This equals the bank balance. Supplies 200 Only windshield washer fluid that cost $30 remains at December 31. Prepaid Insurance 1,950 This amount was paid January 2 for car insurance from January 1 through December 31 of this year. Equipment 70,000 This is the cars purchase price. Accumulated Depreciation $ 4,200 The car will be two years old at the end of December. Salaries and Wages Payable 0 DDI has not yet paid or recorded $1,100 of salary for December. Income Tax Payable 0 DDI paid all its taxes from last year. Common Stock 40,000 DDI issued 8,000 shares at $5 each. Retained Earnings 6,180 This is the total accumulated earnings to January 1 of this year. Service Revenue 37,570 All revenue is received in cash when the service is given. Salaries and Wages Expense 11,800 DDIs only employee receives a salary of $1,100 for December. Supplies Expense 250 This is the cost of windshield washer fluid used to November 30. Depreciation Expense 0 The cars benefits are being used up about $4,200 per year. Insurance Expense 0 No car insurance has been paid for next year. Fuel Expense 2,000 All fuel is paid for in cash. Income Tax Expense 0 DDIs tax rate is 20% of income before tax. Totals $ 87,950 $ 87,950

1. Record the adjusting entry for supplies if only windshield washer fluid that cost $30 remains at December 31.

2. Record the adjusting entry if $1,950 was paid on January 2 for car insurance from January 1 through December 31 of this year.

3. Record the adjusting entry if the cars benefits are being used up about $4,200 per year.

4. Record the adjusting entry if DDI has not yet paid or recorded $1,100 of salary for December.

5. Record the adjusting entry for income tax if DDIs tax rate is 20% of income before tax.