Question 1 (6 points) The following transactions occurred during the first year of operations of Klippert Hotel, which is a sole proprietorship run by Willy Klippert. Prepare adjusting entries dated December 31, 2020, based on the following data. a. A two-year insurance policy costing $6,000 was purchased on October 31, 2020, b. Salaries owed to employees on December 31, 2020, amount to $4,600. C. The balance in Supplies before adjustment is $2,800. A physical count reveals $900 of supplies on hand on December 31, 2020. d. Depreciation on office equipment for the year is $1,869. e. Unearned Service Revenue has a balance of $4,200 before adjustment. Records show that $2,725 of that amount has been earned by December 31, 2020. f-Interest revenue of $3,000 has been earned but not yet received