Journalize the adjusting entry needed on december 31,the company's year-end for each of the following indepnendent cases affecting Reliable Communications. a. The beginning balance of Supplies was $5,200During the year, the company purchased supplies costing $8,800, and at December 31, the inventory of supplies remaining on hand is $3,800 b. Each Friday, the company pays its employees for the current week's workThe amount of the payroll is $19,000 for a five-day workweekThe current accounting period ends on Wednesday . Reliable has received notes receivable from some clients for professional servicesDuring the current year, Reliable has earned interest revenue of $1,600, which will be received next year. d. The company is developing a wireless communication system for a large company, and the client paid Reliable $180,000 at the start of the projectReliable recorded this amount as Unearned Consulting Revenue. The development will take several months to completeReliable executives estimate that the company has earned one-fourth of the total fee during the current year e. Amortization for the current year includes the followingOffice Furniture , $10,000, and Design Equipment, $320,000Make a compound entry (HintThis means to show everything in one journal entry, not two) f. Details of Prepaid Insurance are shown in the account Prepaid insurance Jan 2 Bal 8,600 Reliable Communications prepays a full year's insurance on January Record insurance expense for the year ended December 31 as one annual adjustment for what was used for the year