Prepare the required adjusting journal entry for each situation as of December 31 of the current year. See the last page for the unadjusted account balances shown in T-accounts. (a) Suppose Deana's had received a $1,800 shipment of supplies in September of the current year. When counting the supplies on December 31 of the current year, Deana's found only $800 worth of supplies on hand. (b) Suppose Deana's had paid $12,000 for six months' rent on November 1 of the current year. As of December, 31 of the current year, two months' (November \& December) prepaid rent has expired. Ensure the equation still balances and debits = credits. (c) Suppose Deana's had paid $6,000 for one year's insurance on June 1 of the current year. (d) The company had acquired equipment costing $40,000 on January 1 of the current year. Suppose that the depreciation on this equipment was calculated to be $2,000 for the current year. Fnenre the amution etill halanepe and dahite = eradite (e) On December 1 of the current year, the company had sold $500 in gift certificates for decorating services to a customer. On December 31 of the current year, the accountant received an envelope containing $400 worth of redeemed gift certificates, not yet recorded in the company's books. Fnewe tha sanation etill halanoes and dahite = crodite (f) Investments owned by the company earned $1,200 in additional interest revenue for the year; the cash will be received in January. Ensure the eauation still balances and dehits = credits. (g) The company borrowed using a note payable from the bank for $30,000 on January 1 of the current year, due with all interest on June 30 of the following year. The note payable requires 10% interest. Fnesure the acoution still halances and dehits = credits (h) The company calculated its income taxes as $26,110 for the current year ended December 31 . Ensure the ecuation still balances and dehits = credits. (i) On December 15 of the current year, the company declared a $750 dividend, payable January 15 of the following year. Fnsure the ecuation still halances and dehits = credits. Post the adjusting entries above to the T-accounts on the following page. Deana's Decorators Balance Sheet December 31, 2018