Make adjusting entries for December 31, 2018 for the following transactions. (Assume a single adjusting entry is made for each of the following at year end December 31, 2018. A Ajax Company purchased a fire insurance policy for 2 years coverage on November 1, 2018 for $24,000. B Ajax Company received $24,000 from Sphere Company on January 1, 2018 in payment in advance for financial analytical services to be provided for 2 years from the inception of the contract. C Ajax purchases at par value a bond on October 1, 2019 maturing in 5 years with a face value of $24,000 that pays 12 percent interest each year. D Ajax pays wages of $10,000 each week for 5 days work (Monday through Friday). December 31 in 2018 was a Monday.