In the box below, prepare adjusting entries for the following. Make sure to label your answers:

A. The balance of the prepaid rent account before adjustment is $1,000. $400 of this amount has expired.

B. Salaries owed to employees but not yet recorded amount to $13,000

C. The balance of the Unearned Revenue account before adjustment is $3,000. The amount still unearned on December 31 is $1,000

D. The Supplies account shows a balance of $2,300. There is only $1,500 of supplies on hand

E. An insurance policy was purchased on April 1 for $2,400 for a two year policy, assume that we are making the adjustment for 12/31. Prepaid insurance was debited for the full amount on April 1.