Harrison Rentals Company faced the following situations. (Click the icon to view the situations.) Requirement Journalize the adjusting entry needed at December 31, 2016, for each situation. Consider each fact separately. 1. a. The business has interest expense of $3,500 that it must pay early in January 2017 Journal Entry Accounts Debit Credit a. b. Interest revenue of $4,800 has been named but not yet received Journal Entry Accounts Debit Credit b. c. On July 1, 2016, when the business collected 512,600 ront in advance, il debited Cash and credited Uneared Rent Revenue. The tonant was paying for two years rent Journal Entry Accounts Debit Credit hthanay nginn d. Salary axpense l 55,900 per day Monday through Friday--and the business pays employees each Friday For the purpose of this calculation, assume December 31 falls on a Thursday Journal Entry Accounts Debit Credit d e. The industd balance of the Supplies account is $2,600 The total cost of supplies on hand is 51.500. Journal Entry Accounts Debit Credit Ein was purchase of this year at a cost of 5180,000 The equipment life span Thom in name van Record depreciation for this year and the determine the book value Journal Entry Account Debli Credit 1. Setermine the woman's books The Stok a. The business has interest expense of $3,500 that it must pay early in January 2017 b. Interest revenue of $4.800 has been earned but not yet received c. On July 1, 2016, when the business collected $12,600 rent in advance, it debited Cash and credited Uneared Rent Revenue. The tenant was paying for two years' rent. d. Salary expense is $5,900 per dayMonday through Friday-and the business pays employees each Friday. For the purpose of this calculation, assume December 31 falls on a Thursday. e. The unadjusted balance of the Supplies account is $2,600. The total cost of supplies on hand is $1,500 f. Equipment was purchased on January 1 of this year at a cost of $180,000. The equipment's useful life is five years There is no residual value. Record depreciation for this year and then determine the equipment's book value