Question
IN WORDS POWERED BY TINY QUESTION 2 estion Two: (7.5 points) u are given the following information: a 7 points Serve Anover The prepaid insurance
IN WORDS POWERED BY TINY QUESTION 2 estion Two: (7.5 points) u are given the following information: a 7 points Serve Anover The prepaid insurance account shows a debit balance of $4,680, representing the cost of a three-year fire insurance policy that was purchased on October 1 of urrent year. ne office supplies account has a beginning debit balance of $800. During the year, $3,200 in supplies were purchased. A year-end inventory count reveals 5160 of supplies still on hand. c. On December 1 of the current year, the company received $6,000 in cash from another company that is renting office space in the company's building The payment, representing rent for December and January, was credited to unearned revenue d. On October 1 of the current year, the company lent $180,000 to another company. A note was signed with principal and 8% interest to be paid on September 30- of the next year. quired: cord the December 31 adjusting entries in the general journal. Assume that December 31 is the end of the annual accounting period. (Explanations are not quired) Save and Submit to save and submit. Click Save All Answers to save all answers. Seve Al Answers Cese Wind Seve ant Sant DELL
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