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Read the description of the following adjustments that are required at the end of the accounting period for Riley Furniture Restoration, a new firm. Determine

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Read the description of the following adjustments that are required at the end of the accounting period for Riley Furniture Restoration, a new firm. Determine the account and amount to be debited and the account and amount to be credited. (Round your final answers to nearest whole dollar) A Purchased supplies for $2,900 on June 1, 20X1. Inventory of supplies was $1.250 on June 30, 20X1. Record the adjustment for the 8. Sloned a 4-month contract for $1,960 of prepaid advertising on June 1, 20X1. Record the adjustment for the amount of the advertising contract that expired during the month of June 20x1. C. Prepaid rent for one year on June 1 20x1, in the amount of $14,400. Record the adjustment on June 30, 20x1, D. Depreciation is computed using the straight-line method. Equipment purchased on June 1, 20x1, for $23,760 has an estimated useful life of 9 years with no saivage value. Record the adjustment on June 30, 20X1. View wransaction is Journal entry worksheet Purchased supplies for $2,900 on June 1, 20X1. Inventory of supplies was $1,250 on June 30, 20X1. Record the adjustment for the amount of the supplies used during the month of June 2001 etter det bare Transaction General Journal Dubic Credit Journal entry worksheet 2 > Signed a 4-month contract for $1,960 of prepaid advertising on June 1, 20X1. Record the adjustment for the amount of the advertising contract that expired during the month of June 20x1 Det Creathe Journal entry worksheet 2 Prepaid rent for one year on June 1, 20x1, in the amount of $14,400. Record the adjustment on June 30, 20X1. hobe entered before credits Transton General Journal Det Credit Record entry Clearen View general al Journal entry worksheet

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