please fill this out

M4-4 (Algo) Recording Adjusting Entries (Deferred Accounts) LO4-1 Prepare adjusting entries as of December 31 of the current year for the following transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. Collected $4,000 rent for the period December 1 of the current year to April 1 of next year, which was credited to Unearned Rent Revenue on December 1. b. Purchased a machine for $37,000 cash on January 1 . The company estimates annual depreciation at $3,500. c. Paid $4,100 for a two-year insurance premium on July 1 of the current year; debited Prepaid Insurance for that amount on July 1 . Journal entry worksheet Prepare the adjusting entry needed at December 31 . Collected $4,000 rent for the period December 1 of the current year to April 1 of next year, which was credited to Unearned Rent Revenue on December 1. Note: Enter debits before credits. Journal entry worksheet Prepare the adjusting entry needed at December 31. Purchased a machine for $37,000 cash on January 1 . The company estimates annual depreciation at $3,500. Note: Enter debits before credits. Journal entry worksheet Prepare the adjusting entry needed at December 31. Paid $4,100 for a twoyear insurance premium on July 1 of the current year; debited Prepaid Insurance for that amount. Note: Enter debits before credits