Jeeves Painting Co. is at the end of its fiscal year December 31, 20X4 and needs to record its adjusting entries. Adjustment data are as follows and date all adjustments as of December 31 Four months ago, Judy Bernstain made a $8,000 prepayment for the painting of her house. Jeeves recorded the original entry as Uneamed Painting Revenue. At Dec 31, one-fourth of the painting of the house remains a. be done. b. Jeeves purchased a truck from St. Peters GMC on January 1, 20X4 at a cost of $20,000. The truck is expected to last 5 years with no expected salvage value. Prepare the adjusting entry to record depreciat for the year for this long-lived asset. employee, Mariah Carren, had eaned wages of $500 for the last week in December. She will not be paid until January 5 Jeeves purchased a $24,000, four-year insurance policy from St. Charles Insurance four months ago. The effective date of the policy was September 1, 20X4. d. Jeeves began painting Peggy Thompson's clubhouse in November at a price of $32,000. Jeeves determines that $20,000 of the revenue has been earmed by December 31. Thompson had not made any advance payment to Jeeves, and Jeeves had not billed Thompson for services rendered. e