QUESTION 2 Not complete Marked out of 1 P Flag question Adjusting Entries selected accounts of deal Properties Inc. a real estate management firm, are shown below as of January before any adjusting entries have been made: Debit Credit Prepaid insurance $6,760 Supplies 2,030 Office equipment 5,952 Unearned rent revenue 5,850 Salaries expense 3,200 Rent revenue 15,100 Monthly financial statements are prepared. Using the following information, record in a general journal the adjusting entries necessary on January31: a. Prepaid insurance represents a three-year premium paid on January 1. b. Supplies of $950 were on hand January 31. Office equipment is expected to last eight years. Depreciation is recorded monthly. d. On January 1, the firm collected six months' rent in advance from a tenant renting space for $975 per month e, Accrued salaries not recorded as of January 31 are $590 Round your answer to the nearest dollar