Fort Services initially records al prepaid capenses as expenses and wil uneared revenues as reveres Given the following information, prepare the necessary adjusting entries December 31, 2020, the company's year-end a. On January 3, 2020, the company's first day of operations, $2.500 of suples were purchased physical count revealed 5900 of supplies still on hand at December 31 2020 b. On January 4, 2020. a $39.000 payment for insurance was made to an insurance agency for a 30-month policy e. On Aune 30, 2020, Fort Services received nine months rotaling $13.500 in advance from a leant Date Accounts Debt Credit Dec 31 Suppies Expense Supplies Tout for us remaining . Record the adjustment for prepaid insurance Journal Entry Date Accounts Dec 31 Insurance Expense Prepaid insurance Debit Credit To adjust for insurance not used c. Record the adjustment for advance payment of rent Journal Entry Date Accounts Dec 31 Dubli Credit Choose from any stor ander any number in the input fields and then continue to the next to