Prepare adjusting journal entries, as needed, for the following items. (a) The Supplies account shows a beginning balance of $100. The company purchases an additional $1,300 of office supplies for cash but a count of supplies reveals only $600 on hand at year-end. Debit [Select] for (Select] Credit (Select ] for [Select ] (b) The company purchases 12 months of insurance on September 1st for $18,000 by debiting prepaid insurance. It is now December 31st and 4 months of insurance has been used. Record the necessary adjusting entry as of December 31st. Debit [Select ] for (Select] Credit [Select] for the same amount as above (c) A company borrows $40,000 with 6% interest on August 1st, 2018. This amount plus interest is due on July 31st, 2019. Record the adjusting entry on December 31, 2018. Debit [Select] for [Select] Credit [Select ] for the same amount as above. (d) At year-end, the company received a utility bill for December's electricity usage of $200 that will be paid in early January. Debit [Select ] for $200 Credit (Select] for $200 (e) A company purchases new equipment for $28,000 cash on January 1st, 2010. The equipment is expected to have a $4,000 salvage at the end of it's 4 year useful life. Record the adjusting entry for depreciation using straight-line as of December 31st, 2010 Debit [Select ] for [Select ] Credit [Select ] for the same amount as above