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Journal entry worksheet Signed a 4-month contract for $3,120 of prepaid advertising on November 1 , 201. Record the adjustment for the amount of the

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Journal entry worksheet Signed a 4-month contract for $3,120 of prepaid advertising on November 1 , 201. Record the adjustment for the amount of the advertising contract that expired during the month of November 201. Note: Enter debits before credits. Journal entry worksheet 4 Prepaid rent for the year on November 1, 20X1. Rent expired during the month of November 201 totaled $2,400. Record the adjustment on November 30,201. Notei Enter Gebits before credits. Journal entry worksheet Depreciation is computed using the straight-line method. Equipment purchased on November 1, 20X1, for $8,640 has an estimated usefut life of 9 years with no salvage value. Record the adjustment on November 30,201. Note: Enter debits before credits. Read the description of following adjustments that are required at the end of the accounting period for Hubbard Repair Services, a new firm. Determine the account and amount to be debited and the account and amount to be credited. A. Purchased supplies for $3,350 on November 1,20X1. Inventory of supplies was $960 on November 30,201. Record the adjustment for the amount of the supplies that were used during the month of November 201. B. Signed a 4 month contract for $3,120 of prepaid advertising on November 1,201. Record the adjustment for the amount of the advertising contract that expired during the month of November 201. C. Prepaid rent for the year on November 1,20X1. Rent expired during the month of November 201 totaled $2,400, Record the adjustment on November 30,201. D. Depreciation is computed using the straight-line method. Equipment purchased on November 1,201, for $8,640 has an estimated useful life of 9 years with no salvage value. Record the adjustment on November 30,20x1. Journal entry worksheet 4 Purchased supplies for $3,350 on November 1, 20X1. Inventory of supplies was $960 on November 30,201. Record the adjustment for the amount of the supplies that were used during the month of November 201. Note: Enter debits before credits

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