Read the description of following adjustments that are required at the end of the accounting period for River Front Repair Record the necessary journal entries required at the end of January A Prepaid rent for the year on January 1, 2019. Rent expired during the month of January, $7,200. B. Equipment purchased on January 1, 2019, for $8.100 has an estimated useful life of 5 years with no salvage value. Depreciation is computed using the straight-line method C. Purchased supplies for $650 on January 1, 2019. Inventory of supplies was $100 on January 31, 2019. D. Signed a 12-month contract for $4,800 of prepaid advertising on January 1, 2019 View transaction list Journal entry worksheet 2 3 4 Prepaid rent for the year on January 1, 2019. Rent expired during the month of January, $7,200. Note: Enter debits before credits Transaction General Journal Debit Credit View transaction list Journal entry worksheet Prepaid rent for the year on January 1, 2019. Rent expired during the month of January, $7,200. Note: Enter debits before credits. Transaction General Journal Debit Record entry Clear entry View general journal