Question 1 (20 marks) Costanza Enterprises Ltd. has a year-end of December 31st Using the information and the template for journal entries below, prepare the adjusting journal entries for the following transactions. No explanations are required. 1) The company paid 3 months' rent in advance on November 1, 2020; total amount paid was $5,100. 2) On September 1, the company purchased a one-year insurance policy for $6,000. 3) The company purchased $2,500 in supplies at the beginning of the year and had $650 worth of supplies on hand at the end of the year. 4) The company owes $320 in interest expense for a loan taken earlier in the year; the company has not yet recorded or paid the interest. 5) Services performed but unbilled and uncollected from customers at year-end is $7,000. 6) At the end of the year, wages that have not yet been paid or recorded are $9,520. 7) The company received $1,700 from a customer in advance on October 1; by December 31st the company has completed the 50% of the service for the customer. 8) Depreciation on equipment for the year is $5,800, which has not been recorded. 9) The company had advertising costs of $1,300 during December which the company has not recorded. The company also has not received an invoice from the vendor