Journalize the necessary adjusting entries. Assume that Fireside Magazine uses the periodic inventory system.

a$-$b$.$ A physical count of inventory revealed a balance of $$199,830.$ The Merchandise

Inventory account shows a balance of $$202,839.$

c$.$ Subscriptions received in advance amounting to $$156,200$ were recorded as Unearned

Subscriptions. At year$-$end, $$103,120$ has been earned.

d$.$ Depreciation of equipment for the year is $$12,300.$

e$.$ The amount of expired insurance for the year is $$1,612.$

f$.$ The balance of Prepaid Rent is $$2,400,$ representing four months' rent. Three months'

rent has expired.

g$.$ Three days' salaries will be unpaid at the end of the year; total weekly $($five days'$)$

salaries are $$4,000.$

h$.$ As of December $31,$ the balance of the supplies account is $$1,800.$ A physical inventory

of the supplies was taken, with an amount of $$920$ determined to be on hand.