E4-8 Recording Typical Adjusting Journal Entries(LO 4-1, LO 4-2, LO 4-6]Jaworski?s Ski Store is completing the accounting process for ta first year ended December 31, 2013The transactions during 2013 have been journalized and posted. The following data are available todetermine adjusting journal entries:a. The unadjusted balance in Supplies was $880 at December 31, 2013. The unadjusted balance inSupplies Expense was $0 at December 31, 2013. A year-end count showed $100 at supplies on hand. b. Wages earned by employees during December 2013, unpaid and unrecorded at December 31,2013,amounted to $4,000. The last paychecks were issued December 28; the next payments will be madeon January 6,2014. The unadjusted balance in Wages Expense was $43,000 at December 31, 2013.c. A portion of the stores basement is now being rented for $1,130 per month to K. Frey. On November1, 2013. the store collected six months? rent in advance from Frey in the amount of $6,780. it wascredited in full to Unearned Revenue when collected. The unadjusted balance in Rent Revenue was$0 at December 31, 2013.d. The store purchased delivery equipment at the beginning of the year. The estimated depreciation for2013 is $2,300,although none has been recorded yet.e. On December 31, 2013, die unad1usted balance in Prepaid Insurance was $3,180. This was the amount paid in the middle of die year for a two-year insurance policy with coverage beginning on July1, 2013. The unadjusted balance in insurance Expense was $690, which was the cost of insurancefrom January 1 to June 30, 2013.f. Jaworski?s store did some ski repair work for Frey. At the end of December 31, 2013. Frey had notpaid for work completed amounting to $780 This amount has not yet been recorded as ServiceRevenue. Collection is expected during January 2014Required:Fer each situation, prepare the adjusting journal entry that Jaworski?s should record at December 31,2013. (if no entry is required for a transaction/event, select No Journal Entry Required in thefirst account field,)