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At the beginning of May, Golden Gopher Company reports a balance in Supplies of $350. On May 15, Golden Gopher purchases an additional $1,800 of supplies for cash. By the end of May, only $150 of supplies remains. Required: 1.&2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the balances after adjustment on May 31 of Supplies and Supplies Expense. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the purchase of supplies. Note: Enter debits before credits. At the beginning of May, Golden Gopher Company reports a balance in Supplies of $350. On May 15. Golden Gopher purchases an additional $1,800 of supplies for cash. By the end of May, only $150 of supplies remains. Required: 1.&2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the balances after adjustment on May 31 of Supplies and Supplies Expense. Complete this question by entering your answers in the tabs below. Required 1 . Requwed 3 Calculate the balances aer adjustment on May 31 of Supplies and Supplies Expense. Supplies Supplies expense Record the payment of rent in advance on October 1. Note: Enter debits before credits. Suppose Hoosiers, a Specialty clothing store, rents space at a local mall for one year, paying $22,200 ($1,850/month) in advance on October 1. Required: 1.8.2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of prepaid rent and rent expense (assuming the balance of Prepaid Rent at the beginning of the year is $0). Complete this question by entering your answers in the tabs below. Re uired 1 . ReqUIrEd 3 Calculate the year-end adjusted balances of prepaid rent and rent expense (assuming the balance of Prepaid Rent at the beginning of the year is $0). Prepaid rent Record the purchase of equipment. Beaver Construction purchases new equipment for $33,000 cash on April 1, 2021. At the time of purchase, the equipment is expected to be used in operations for ve years (60 months) and have no resale or scrap value at the end. Beaver depreciates equipment evenly over the 60 months ($550/month). Required: 1.8.2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the yearend adjusted balances of Accumulated Depreciation and Depreciation Expense (assuming the balance of Accumulated Depreciation at the beginning of 2021 is $0). Complete this question by entering your answers in the tabs below. Re uired 1 . 2nd 2 Requrred 3 Calculate the year-end adjusted balances of Accumulated Depreciation and Depreciation Expense (assuming the balance of Accumulated Depreciation at the beginning of 2021 is $0). Accumulated depreciation Depreciation expense