MO YouTube Maps Final Assignment c Help Save & Exit Subm 17 Read the description of following adjustments that are required at the end of the accounting period for Benton Tutoring Determine the account and amount to be debited and the account and amount to be credited. A Prepaid insurance for one year on January 1, 20x1, in the amount of $11,400. Record the adjustment on January 31, 20x1. 8. Purchased supplies for $4,600 on January 1, 20X1. The inventory of supplies was $2,200 on January 31, 20x1. Record the adjustment for the amount of the supplies that were used during the month of January 20x1 C. Depreciation is computed using the straight-line method. An automobile purchased on January 1, 20x1, for $31,200 has an estimated useful life of 4 years with no salvage value. Record the adjustment on January 31, 20x1 D. Signed a 24-month contract for $4,800 of prepaid advertising on January 1, 20x1. Record the adjustment for the amount of the advertising contract that expired during the month of January 20x1. View transaction list Journal entry worksheet Prepaid insurance for one year on January 1, 20x1, in the amount of $11,400. Record the adjustment on January 31, 20x1. Note: Enter debits before credits. General Journal Debi Credit Check my work