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1. Record (a) the prepayment of insurance on December 1 and (b) the adjusting journal entry for prepaid insurance on December 31. 2. Record (a) the advance payment from ABX and (b) the adjusting journal entry to unearned revenue on December 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Record (a) the prepayment of insurance on December 1 and (b) the adjusting journal entry for prepaid insurance on December 31. View transaction list View journal entry worksheet Debit Credit General Journal No Date 2.400 1 Dec 01 Prepaid insurance Insurance expense Required 2 > 1 of 7 Prey Dec. 31 Year-End Dec 24 Jan 5 Dec 7 December 1 Prepaid a 24 month insurance policy (coverage starting immediately) for $2,400 cash. 1 Wages Paid Received Cash in Advance Purchased Supplies Additional Information as of December 31 ABX Job Completion at Year-End Completion at Year-End CHE Required 1 Required 2 Required 3 Record the journal entries required for December, excluding the December 31 year-end adjusting entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Garted Workortele Jan 12 Jan 5 Dec 24 Dec 13 Dec 7 December 7 Purchased supplies for $2,000 cash. Wages Paid Received Cash in Advance urchased Supplies ABX Job Completion at Year-End Additional Information as of December 31 Next > 1 of 7 Prey. elo Job Completion at Year-End Se Corted Workiertele ed insurance Jan 5 Dec 24 Dec 1 Wages Paid December 13 Agreed to do $10,000 worth of work for Telo over the next 30 days. Payment is to be received when the work is completed on Jan. 12. Received Cash in Advance ABX Job Completion at Year-End Purchased Supplies Next > Additional Information as of December 31 1 of 7 Prev. Telo Job Completion at Year-End lected Dec. 31 Year-End arted Wort for Telo Jan 12 Jan 5 Dal 24 Dec 13 December 24 Received $4,000 cash in advance to perform work for ABX over the next four weeks. Wages Paid Received Cash in Advance Supplies ABX Job Completion at Year-End Additional Information as of December 31 Next > BRE BU 1 of 7 Completion at Year-End December-Ja Dec. 31 Year-End Jan 12 the 5 Dec 24 January 5 Paid wages of $800 cash to workers. Dec 13 Wages Pald Received Cash in Advance lles ABX Job Completion at Year-End Next > ditional Information as of December 31 MO BE 1 of 7 of Year-End Dec. Jan 5 Dec 24 January 12 Received $10,000 cash from Telo for work performed over the last 30 days. Wages Paid Received Cash in Advance ABX Job Completion at Year-End Next > ional Information as of December 31 1 of 7 at Year-End Prev December, excluding the December 31 year-end adjusting entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet entry required" in the first account field.) entry is required for o View transaction list Journal entry worksheet 2 of 7 1 of 7 Prey Dec. 31 Year-End Dec 24 Jan 5 Dec 7 December 1 Prepaid a 24 month insurance policy (coverage starting immediately) for $2,400 cash. 1 Wages Paid Received Cash in Advance Purchased Supplies Additional Information as of December 31 ABX Job Completion at Year-End Completion at Year-End CHE Required 1 Required 2 Required 3 Record the journal entries required for December, excluding the December 31 year-end adjusting entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Garted Workortele Jan 12 Jan 5 Dec 24 Dec 13 Dec 7 December 7 Purchased supplies for $2,000 cash. Wages Paid Received Cash in Advance urchased Supplies ABX Job Completion at Year-End Additional Information as of December 31 Next > 1 of 7 Prey. elo Job Completion at Year-End Se Corted Workiertele ed insurance Jan 5 Dec 24 Dec 1 Wages Paid December 13 Agreed to do $10,000 worth of work for Telo over the next 30 days. Payment is to be received when the work is completed on Jan. 12. Received Cash in Advance ABX Job Completion at Year-End Purchased Supplies Next > Additional Information as of December 31 1 of 7 Prev. Telo Job Completion at Year-End lected Dec. 31 Year-End arted Wort for Telo Jan 12 Jan 5 Dal 24 Dec 13 December 24 Received $4,000 cash in advance to perform work for ABX over the next four weeks. Wages Paid Received Cash in Advance Supplies ABX Job Completion at Year-End Additional Information as of December 31 Next > BRE BU 1 of 7 Completion at Year-End December-Ja Dec. 31 Year-End Jan 12 the 5 Dec 24 January 5 Paid wages of $800 cash to workers. Dec 13 Wages Pald Received Cash in Advance lles ABX Job Completion at Year-End Next > ditional Information as of December 31 MO BE 1 of 7 of Year-End Dec. Jan 5 Dec 24 January 12 Received $10,000 cash from Telo for work performed over the last 30 days. Wages Paid Received Cash in Advance ABX Job Completion at Year-End Next > ional Information as of December 31 1 of 7 at Year-End Prev December, excluding the December 31 year-end adjusting entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet entry required" in the first account field.) entry is required for o View transaction list Journal entry worksheet 2 of 7