Question He Consider the following independent situations at December 31: (Click the icon to view the situations) Joumalize the adjusting entry needed on December 31 for each situation Use the letters to label the journal entries (Record debits first, then credits. Select the explanation on the last line of the journal entry table) a. On April 1, a business collected $3,600 rent in advance, debiting Cash and crediting Unearned Revenue. The tenant was paying one year's rent in advance. At December 31, the business must account for the amount of rent it has earned Date Accounts and Explanation Debit Credit (a) Dec 31 Cash 2700 Uneamed Revenue 2700 To record ront revenue that was collected in advance b. Salaries expense is $1,700 per day-Monday through Friday--and the business pays employees each Friday This year December 31 falls on a Thursday Date Accounts and explanation Debit Credit (b) Dec 31 Salaries Expense Salarios Payable Choose from any list or enter any number in the input fields and then continue to the next question o TE E Consider the following independent situations at December 31 (Click the icon to view the situations) Joumalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries (Record explanation on the last line of the journal entry table.) c. The unadjusted balance of the Office Supplies account is $2,400 Office supplies on hand total $1,700. Accounts and Explanation Date Debit Credit (C) Dec. 31 d. Equipment depreciation was $700 Date Accounts and Explanation Debit Credit (d) Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question arch 8 E R. e. On October 1, when the business prepaid $3,000 for a two-year insurance policy, the business debited Prepaid Insurance and credited Cash. Date Accounts and Explanation Debit Credit (e) Dec 31 Choose from any list or enter any number in the input fields and then continue to the next