Dirt Co follows the practice of recording prepaid expenses and earned revenues in balance sheet accounts. The company's annual accounting period enda on December 31, 2020 The following Information concerns the adjusting entries to be recorded as of that date (12 points) Partial Chart of Accounts 102 Accounts Receivable 210 Unearned Rent 104 Office Supplies 401 Rent Revenue 100 Prepaid Insurance 504 Office Supplies Expense 135 Building 500 Insurance Expense 136 Accumulated Depreciation Building 510 Salaries Expense 1205 Sales Payable 530 Depreciation Expense Building b G Before adjusting entries, the prepaid Insurance account has a balance of $21.135. An analysis of the company's insurance polices showed that during the 2020, 512.280 in Insurance premiums expired The company purchased a building on January 1.2020. The building's annual depreciation is $35200 The company has 15 employees who earn a total of 51.750 in salaries each working day. They are paid each Monday for their work in the five-day workweek ending on the previous Friday Assume that December 31, 2020, is a Tuesday. At the end of the day, Der Co owes its employees 53.500 for work done on Monday and Tuesday A physical count of office supplies showed that $12.850 in office supplies was used during the year Since the company rented space to a tenant at 52.400 per month, starting on November 1, 2020. The rent was paid on time on November 1, and the amount received was credited to the Rent Eamed account. However, the tenant has not paid the December rent. The company has worked out an agreement with the tenant, who has promised to pay both December and January rent in full on January 15, 2021 The tenant has agreed not to fall behind again On November 1 the company rented space to another tenant for $2.174 per month The tenant paid five month's rent in advance on that date. The payment was recorded with a credit to the Uneamed Rent account d question Completion Status a c Before adjusting entries the prepald Insurance account has a balance of 521,135. An analysis of the company's insurance policies showed that during the 2020. 512.280 in Insurance premiums expired The company purchased a building on January 1, 2020 The building's annual depreciation is 535 200 The company has 15 employees who earn a total of 51.750 in salaries each working day. They are paid each Monday for their work in the five-day workweek ending on the previous Friday Assume that December 31, 2020. is a Tuesday. At the end of the day. Dier Co. owes its employees 53,500 for work done on Monday and Tuesday A physical count of office supplies showed that 512,850 in office supplies was used during the year Since the company rented space to a tenant at 52.400 per month, starting on November 1, 2020 The rent was paid on time on November 1, and the amount received was credited to the Rent Eamed account However, the tenant has not paid the December rent. The company has worked out an agreement with the tenant, who has promised to pay both December and January rent in full on January 15, 2021 The tenant has agreed not to fall behind again On November 1, the company rented space to another tenant for 52,174 per month. The tenant paid five month's rent in advance on that date. The payment was recorded with a credit to the Unearned Rent account d + Credit Required 1. Use the information to prepare adjusting entries as of December 31, 2015 Transaction General Journal Debe Prepaid insurance Insurance Expense TOL