Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and use a Bal. post reference to show the ending balance of each account. Used office supplies of 51,700. The Office Supplies unadjusted balance on December 31 is 59,100, Adjustment Type Supplies Expense Office Supplies The unadjusted balance of Office Supplies at Dec 31 is $9.500 and at year end the office supplies on hand totaled $1,000 Adjustment Type: Supplies Expense Office Supplies A two year insurance policy for $10,560 was purchased on November 1 of the current year. Record the transaction for the year ended December 31 Adjustment Type: Insurance Expense Prepaid Insurance