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Desoto Company must make three adjusting entries on December 31, 2019. Supplies used, $10,600 (supplies totaling $17,200 were purchased on December 1, 2019, and debited

Desoto Company must make three adjusting entries on December 31, 2019. Supplies used, $10,600 (supplies totaling $17,200 were purchased on December 1, 2019, and debited to the Supplies account). Expired insurance, $7,800; on December 1, 2019, the firm paid $46,800 for six months insurance coverage in advance and debited Prepaid Insurance for this amount. Depreciation expense for equipment, $5,400. Required:

Prepare the journal entries for these adjustments and post the entries to the general ledger accounts

This also needs the ledger

supplies

prepaid insurance

depreciation accumulated

depreciation expense

insurance expense

supplies expense

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