For each of the following five independentsituations, journalize the adjusting entry and the related transaction(either before or afterit).

For each of the following five independent situations, journalize the adjusting entry and the related transaction (either before or after it). (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Round amounts to the nearest whole dollar.) Situations a. b. c. d. e. Dec. 1 Dec. 31 Mar. 31 Apr. 21 Jun. 15 Dec. 31 business receives $6,300 for a 10-month service contract. year-end adjusting entry needed to update the balance in the account. work performed but not yet billed to customers for the month, $1 ,000. received payment for the work that was completed. purchased $2,800 of office supplies on account. a count of supplies shows that only $1 ,500 worth is left at year-end, so the balance in the account needs to be updated. Feb. 2 business paid a $700 deposit for the last month's rental of a copier on a 10-month contract. Nov. 30 the rental period for the copier ended, so the balance in the prepaid account must be updated. Jun. 1 purchased truck for $31 ,200 (cash) with an expected useful life of six years. Dec. 31 vear-end adiustina entrv needed to record amortization.