Prepare journal entry .? Ending supplies inventory $20,000 Bad debt expense 1 % of credit sales Dwight Howard paid $20,000 in advance to rent cars for friends for the NBA All Star Game Depreciation expense on equipment is calculated utilizing straight-line method and five year life Depreciation expense on autos is calculated utilizing the double declining balance method and a five year life Record expiration of one year's insurance premiums Accrued salaries at end of year totaled $12,000 Dwight Howard was provided cars for all-star game