Problem 5-83 (Algo) Read the description of the following... Read the descnption of the following adjustments that are required at the end of the accounting period for Riley Furniture Restoration a new firm Determine the account and amount to be debited and the account and amount to be credited (Round your final answers to nearest whole dollar) A. Purchased supplies for $2.100 on June 120X1 Inventory of supplles was $850 on June 30, 20X1. Record the adjustment for the amount of the supplies used during the month of June 20X1. 8. Signed a 4-month contract for $1640 of prepaid advertising on June 1, 20X1. Record the adjustment for the amount of the advertising contract that expired during the month of June 20x1 C Prepaid rent for one year on June 1, 20X1. In the amount of $12,000. Record the adjustment on June 30, 20X1 D. Depreciation is computed using the straight-line method, Equipment purchased on June 120x1 for $37.440 has an estimated useful life of 8 years with no salvage value. Record the adjustment on June 30, 20X1 View transaction list Journal entry worksheet