Lancaster Company must make three adjusting entries on December 31, 20X1. a. Supplies used, $10.000 (supplies totaling $16.200 were purchased on December 1, 20X1, and debited to the Supplies account) b. Expired insurance, $7,300; on December 1, 20X1, the firm pald $13,800 for six months Insurance coverage in advance and debited Prepaid Insurance for this amount c. Depreciation expense for equipment. $4.900. General Journal Ledger Prepare the journal entries for the above adjustments. View transaction list Journal entry worksheet