EXERCISES: In each of the following adjustments, identify the type of adjusting entry (Prepaid Expense, Unearned Revenue, Accrued Expense, and Accrued Revenue) and record the journal entry. All of the adjustments are on June 30th and represent adjustments that occurred during the month. 1. One month's property taxes estimated at $200 have accrued but are unrecorded and unpaid at the end of the accounting period which is June 30h, TYPE OF ADJUSTMENT: JOURNAL ENTRY: 2. Depreciation on the truck was estimated to be $2,000 for the accounting period. TYPE OF ADJUSTMENT: JOURNAL ENTRY: 3. A check of the office supplies inventory indicated that $40 worth of supplies had been used during the month of June. TYPE OF ADJUSTMENT: JOURNAL ENTRY