Problem A Among other items, the trial balance of Filmblaster, Inc., a movie rental company, at December 31 of the current year includes the following account balances:

	Debits
Prepaid Insurance 3	$ 10,000
Prepaid Rent 3	$ 14,400
Supplies on Hand 3	$ 2,800

Examination of the records shows that adjustments should be made for the following items:

Of the prepaid insurance in the trial balance, $ 4,000 is for coverage during the months after December 31 of the current year.

The balance in the Prepaid Rent account is for a 12-month period that started October 1 of the current year.

$ 300 of interest has been earned but not received.

Supplies used during the year amount to $ 1,800.

Prepare the annual year-end adjusting journal entries at December 31.