Help Save& Exit Submit Read the description of following adjustments that are required at the end of the accounting period for Hubbarod Repair Services. Determine the account and amount to be debited and the account and amount to be credited. 4. Purchased supplies for $3,500 on November 1, 2019. Inventory of supplies was $1,000 on November 30, 2019. B. Signed a 4-month contract for $3,200 of prepaid advertising on November 1, 2019. Record the adjustment for the C. Prepaid rent for the year on November 1. 2019. Rent expired during the month of November 2019, $2,500. Record D. Depreciation is computed using the straight-ine method. Equipment purchased on November 1, 2019, for $9,240 Record the adjustment for the amount of the supplies that were used during the month of November 2019. amount of the advertising contract that expired during the month of November 2019. the adjustment on November 30, 2019. has an estimated useful life of 7 years with no salvage value. Record the adjustment on November 30, 2019. View transaction list Journal entry worksheet K Prev27 of 30Next > search %25PM 11/5/2018