Question Nine (10%) Prepare general journal entries on December 31, 2018 to record the following unrelated year-end adjustments. (a) On December 2, 2018,56,200 of supplies were purchased and recorded as an asset. A count revealed $1,000 still on hand at December 31, 2018 (b) Services performed during December but not yet billed to customers totaled $5,000. (c) Depreciation of equipment is recorded using the straight-line method over 10 years. The equipment was purchased on December 1, 2018 for $300,000 and has no residual value at the end of its useful life. (d) Paid insurance expired during the month of December was $2,000. (e) Interest has accrued of $580 on a loan for the month. Debit Account Title and Explanation Date Credit 6800 1000 A 02/02K Cas Asset - Suppler -Cash 2016 Assorties ou Wand-Cash to 31/17 300,000 12,000 D. 151/14 Pies - Prepard intrare -Expense Interest - hiability Docklan EI/ 580