Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid, Accrual, or Depreciation. Use Unadj. Bal, as the label for the opening balance of each account. Calculate the adjusted balance and use a Bal. posting reference to show the ending balance of each account. Enter each transaction on the first available line in the T-Account. Employees earned 2,140 in salaries that will be paid next month. The Salarles Expense unadjusted balance as of December 31 is $8,500. Adjustment Type: Salaries Payable Accrual Deferrals/Prepaids Depreciation Dec 31 Bal A two-year insurance policy for $1,320 was purchased on November 1 of the current year. Record the transaction for the two months ended December 31. Adjustment Type: Prepaid Insurance Accrual Deferrals/Prepaids Depreciation Nov. 1 Now The unadjusted balance of Office Supplies at Dec. 31 is $8,600 and at year end the office supplies on hand totaled $3,280. Adjustment Type: Office Supplies Accrual Deferrals/Prepaids Depreciation Dec 31 Bal