Desoto Company must make three adjusting entries on December 31, 2019. used, $11,000 (supplies totali account) b. Expired insurance, $8,200; on December 1, 2019, the firm paid $49,200 for six months' insurance coverage in advance and debited Prepaid Insurance for this amount. c. Depreciation expense for equipment, $5,800 Required: Prepare the journal entries for these adjustments and post the entries to the general ledger accounts Prepare the adjusting entry for supplies. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2019 Prepare the adjusting entry for insurance. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2019 Prepare the adjusting entry for depreciation Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2019