Please help with the 4 journal entries
Journal entry worksheet Prepaid rent for the year on August 1, 2022. Rent expired during the month of August 2022, $3,900. Record the adjustment on August 31, 2022. Note: Enter debits before credits. Journal entry worksheet Purchased supplies for $2,300 on August 1,2022 . Inventory of supplies was $1,800 on August 31,2022 . Record the adjustment for the amount of the supplies that were used during the month of August 2022 Note: Enter debits before credits. Journal entry worksheet Signed a 6-month contract for $2,640 of prepaid advertising on August 1 , 2022. Record the adjustment for the amount of the contract that expired during the month of August 2022. Note: Enter debits before credits. The following information relates to a company. Prepare the adjusting journal entries required on August 31, 2022 for each of the following situations: A. The company prepaid rent for the year on August 1, 2022. Rent expired during the month of August 2022 is $3,900. B. On August 1, 2022 supplies were purchased for $2,300. Inventory of supplies was $1,800 on August 31,2022 . Record the adjustment for the amount of the supplies that were used during the month. C. A machine purchased on August 1, 2022, for $18,000 has an estimated useful life of 6 years with no salvage value. The company computes depreciation using the straightline method. D. On August 1, 2022 the company signed a 6 -month contract for $2,640 of prepaid advertising. Record the adjustment for the amount of the contract that expired during August. Journal entry worksheet 2 Prepaid rent for the year on August 1, 2022. Rent expired during the month of August 2022,$3,900. Record the adjustment on August 31, 2022. Journal entry worksheet Depreciation is computed using the straight-line method. Equipment purchased on August 1,2022 , for $18,000 has an estimated useful life of 6 years with no salvage value. Record the adjustment on August 31,2022 Note: Enter debits before credits