In each of the following adjustments, identify the type of adjusting entry (prepaid expense, unearned revenue, accrued expense, and accrued expense) and record the journal entry. All of the adjustments are on June 30th and represent adjustments that occured during the month

Mailings Review View Help A - A11 AaBbccDd Aabbccbd AaBbc Aabbcc AaB 1 Normal 1 No Spac... Heading 1 Heading 2 Title AaBb Subt Paragraph Styles 2 5 6 4. We have two workers who are paid $50 each per day and are paid every Friday after completing a Monday-Friday, five day work week. June 30" is a Tuesday and is the end of the accounting period. TYPE OF ADJUSTMENT: JOURNAL ENTRY: 5. One month's prepaid rent in the amount of $300 has expired. TYPE OF ADJUSTMENT: JOURNAL ENTRY: 6. There is a $200 debit balance in the shop supplies account on the trial balance. An inventory check on June 30" of shop supplies reveals only $50 of supplies on hand. TYPE OF ADJUSTMENT: JOURNAL ENTRY: 7. We have a management contract with the XYZ Company in which we are to be paid $800 per month on the first of the month. As of June 30" we have not received June's management fee. TYPE OF ADJUSTMENT: JOURNAL ENTRY: BE A 11 - 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subt 2 3 4 6 Paragraph Styles ... 5 8. A check of liability Insurance policies indicates there is $1,200 of unexpired insurance. There is a $3,000 debit balance in the prepaid liability Insurance account as shown on the trial balance. TYPE OF ADJUSTMENT: JOURNAL ENTRY: 9. We received $1,000 in advance for four months of consulting fees on June 1" which we recorded as a credit to unearned consulting fees and a debit to cash. As of June 30th one month's consulting fees had been earned TYPE OF ADJUSTMENT: JOURNAL ENTRY: 10. A check of the truck insurance policy reveals that $150 of insurance has expired. TYPE OF ADJUSTMENT: JOURNAL ENTRY