QS 3-4 (Algo) Concepts of adjusting entries LOP1, P2, P3, P4 At the end of its annual accounting period, the company must make three adjusting entries. a. Adjust the Unearned Revenue account to recognize earned services revenue. b. Adjust the Supplies account for supplies used up during the year: c. Accrue rent expense. For each of these adjusting entries, indicate the account to be debited and the account to be credited