Edward Lee is in the business of generating rental revenue. The following information relates to his business, Edward Lee Realty, at the close of the fiscal year ended December 31: 1. Edward purchased three months of advertising in the local newspaper on November 1. Each month, $390 of the advertising is used. (Do not use prepaid expense) 2. On November 1, Edward signed a three-month, 5% note payable to borrow $18,000 from TD Bank. Interest is payable at the maturity of the note. 3. Salaries due and unpaid at December 31 total $1,500. 4. Interest of $500 has accrued to date on a note receivable that Edward holds from Grant Thursten. 5. There is $200 of supplies on hand at year end. The unadjusted balance of the Supplies account is $500. 6. Edward has not yet paid the December rent of $1,500 on the building his business uses. (Do not use accounts payable) 7. Insurance was paid on November 1 for one year and charged to Prepaid Insurance, $1,056. 8. Property taxes that have accrued are in the amount of $1,000. (Do not use accounts payable) 9. On December 1, Edward gave Ruth Walker a two-month, 8% note payable to settle $7,950 on accounts payable. Interest is payable at the maturity of the note. 10. On October 31, Edward received $2,340 from Anthony Young in payment of six months rent for Youngs office space in the building and credited Unearned Revenue. 11. The bill from Capital Hydro for December has been received but not yet entered or paid, $400. 12. The depreciation on furniture for the year is $1,100. Prepare annual adjusting entries as at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) No. Account Titles Debit Credit 1. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 2. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 3. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 4. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 5. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 6. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 7. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 8. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 9. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 10. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 11. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount 12. enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount