Directions: Dancepretty Inc., had the following separate situations occur during 2016. The company's accountant is preparing the annual financial statements at December 31, 2016 and has asked you to prepare the adjusting entries for each situation using the journal entry form. Allow a space between each entry, write clearly and do not use any abbreviations. A On July 1, 2016, Video, Inc. paid the annual lease amount on its warehouse space. The annual lease is exist12000 and was recorded by debiting Prepaid Rent and crediting Cash. No adjusting entries have been prepared since July 1, 2016. B The unearned Revenue account has an unadjusted balance of exist3000 consisting of gift cards sold to customers. Customers have redeemed exist1, 200 in gift cards through the end of 2016. C The company has not yet received a bill for utilities nor paid for the month of December. The expense is estimated to be exist1200. D At December 31, 2016, employee wages of exist7500 have been incurred but not paid or recorded. E At December 31, 2016, exist350 of interest has been incurred, but not yet paid or recorded. F Unrecorded depreciation on equipment is exist2500