Part 3) Thinking and Inquiry 124 1) The ledger accounts given below, with an identification number for each, are used by Dalton Company. Prepare appropriate adjusting entries for the year ended December 31,2001 , by replacing the appropriate identification number(s) in the debit and credit columns provided and the dollar amount in the acjoining colum Item 0 is given as an example. 3. Dalton purchased equipment costing $48,000 on January 1, 2001. Monthly amortization is $1,000. 4. Dalton provided services to a customer in 2001 at a fee of $500. This fee has not yet been received or billed. 5. Dalton started the year with no supplies on hand. They purchased $8,000 in supplies during the year and have $3,000 on hand at December 31. Supplies were debited to an asset account when purchased. 6. Dalton paid $9,000 for a three-year insurance policy on July 1, 2001, debiting an asset account at that time. 7. Dalton borrowed $20,000 by signing a three-month, 12% interest, note payable on November 1,2001 . 8. Dalton purchased marketable securities on November 1 . 2001. Interest of $400 per month has been earned but not received prior to December 31