please do it in 50 minutes please urgently... I'll give you up thumb definitely

Problem 3 Annual Adjusting Journal Entries Prepare December 31 (fiscal year-end) entries for each of the following (unrelated) items. Assume that no monthly adjusting entries have been made during the year. All adjustments are made at year-end. T-accounts may help! a. The company had a beginning balance of $1,400 in supplies on hand. During the year, $7,800 of supplies were purchased and recorded as supplies on hand (also known as supplies inventory). At the end of the year, $1,200 of supplies were in the storeroom. b. The company paid rent of $180,000 for 2 %2 years on October 1 of this year. c. The company received 2 years of rent from tenants of $150,000 on June 1 of this year. d. The company signed a $60,000, 8-month, 6% note payable on September 1. The note plus interest will be paid at the end of the 8 months. e. The company pays employees each Friday. December 31 fell on a Wednesday, and salaries are $2,500 per day f. On December 31, the company entered into a $9,000 agreement to provide services to a new customer, with the services to be provided in January next year. g. The company accepted a 6-month note receivable of $6,000 from a customer on December 1 of the current year. The note has an annual interest rate of 12%. The note and interest will be collected at the end of the 6-month period. h. Service revenue earned, but not yet recorded, is $4,800. i. (This one is different - think about it!) The company had a beginning balance of $980 in the Supplies on Hand account. During the year, $1,740 of supplies were purchased and recorded as supplies expense (because they thought the supplies would all be used up by year-end). At the end of the year, a physical count determined that the company had $1,400 of supplies in the storeroom. j. Compute the amount of supplies actually used k. What is the correct ending balance of supplies on hand (inventory)? - I. Prepare the adjusting journal entry needed to arrive at the correct ending balances in Supplies Expense and Supplies on Hand