Gee Company accumulates the following adjustment data at December 31 . Indicate the type of adjustment (prepaid expense, accrued revenue, and so on), and the status of accounts before adjustmen (overstated or understated). (Enter answers in alphabetical order.) 1. Supplies of $150 are on hand. Supplies account shows $1,600 balance. 2. Services performed but unbilled total $900. 3. Interest of $200 has accumulated (and not been paid) on a note payable. 4. Rent collected in advance totaling $850 has been earned. On July 1, 2022, Crane Co. pays $18,200 to Novak Insurance Co. for a 4-year insurance contract. Both companies have fiscal years ending December 31. For Crane Co., journalize and post the entry on July 1 and the annual adjusting entry on December 31. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)