Lancaster Company must make three adjusting entries on December 31, 20X1. a. Supplies used, $10,600 (supplies totaling $17,200 were purchased on December 1, 20X1, and debited to the Supplies account). b. Expired insurance. $7,800; on December 1, 20X1, the firm paid $46,800 for six months' insurance coverage in advance and debited Prepaid Insurance for this amount. c. Depreciation expense for equipment, $5,400. Required: Prepare the journal entries for these adjustments and post the entries to the general ledger accounts. Journal entry worksheet 1 2 3 Prepare the adjusting entry for supplies. Note: Enter debits before credits. Date Dec. 31, 20X1 General Journal Debit Credit Journal entry worksheet > 1 2 3 Prepare the adjusting entry for insurance. Note: Enter debits before credits. Date Dec. 31, 20X1 General Journal Debit Credit Journal entry worksheet < 1 2 3 Prepare the adjusting entry for depreciation. Note: Enter debits before credits. Date Dec. 31, 20X1 General Journal Debit Credit >