Read the description of following adjustments that are required at the end of the accounting period for Paulo Consulting Services. Record the necessary journal entries required at the end of January. (Round your answers to the nearest whole dollar.) A Equipment was purchased on January 1, 2019, for $49140 and has an estimated useful life of 8 years with a salvage value of 3,990. Depreciation is computed using the straight-line method. B. Signed a 5-month contract for $5,310 of prepaid advertising on January 1, 2019 C. Prepaid rent for the year on January 1, 2019, in the amount of 20,520, D. Purchased supplies for $3,800 on January 1, 2019. Inventory of supplies was $2,550 on January 31, 2019. View transaction list Journal entry worksheet Equipment was purchased on January 1, 2019, for $49,140 and has an estimated useful life of 8 years with a salvage value of 3,990. Depreciation is computed using the straight-line method. Note: Enter debits before credits Debit Credit ransaction General Journal Journal entry worksheet Signed a 5-month contract for $5,310 of prepaid advertising on January 1, 2019 Note: Enter debits before credits. ansaction General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 24 Prepaid rent for the year on January 1, 2019, in the amount of 20,520. Note: Enter debits before credits. ransaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 29 2 4 Purchased supplies for $3,800 on January 1, 2019. Inventory of supplies was $2,550 on January 31, 2019. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal