QUESTION 5 Forester Ltd identified the following transactions (listed as 1 to 5) at the end of the financial year 2020 that require an end of period adjustment. 1. Depreciation for the year at a rate of $360 per month has not been accounted for. 2. On 1 September 2020 Forester Ltd paid $16,000 for a one year insurance policy. 3. During the year the company purchased $1,500 of supplies. A count on 31 December determined that $600 of supplies were still on hand. 4. On 1 July 2020 Forester paid $28,000 for 9 months' rent in advance. 5. On 1 October Forester received $6,000 for 4 months' rent in advance for a portion of its building rented to Smashers Ltd. Required Prepare the adjusting entries at 31 December. Round your answers to the nearest dollar. (Enter debit entries first, followed by credit entries. Please include Dr and Cr as appropriate. Narrations are not required.)