Record adjusting journal entries for year end 2020.

Adjusting Entries: 1. The company paid $18,000 for a one year lease that commenced on 9/1/20. 2. The company received $25,000 in advance for services to be rendered in the future. As of 12/31/20 the company had earned $15,000. 3. The company paid $9,000 for a 1 year fire policy with an effective date of April 1, 2020. 4. During the year the company purchased $1,400 in supplies of which $400 remain on hand @ 12/31/20. 5. Buildings has a $70,000 salvage value and a 20 year life. 6. Equipment has a $30,000 salvage value and a 10 year life. 7. The company received a $40,000, 6%, 6 month note from a customer on 11/1/20. 1.) Record the adjusting entry for 12/31/20. 2.) Record the receipt of payment 4/30/21 with and without reversing entries. 8. The company received $24,000 from a tenant for a 1 year lease with a commencement date of 5/1/20. 9. The company has 2 employees that earn $5000 each per week. The employees work a 5 day work week and are paid every Friday for work performed through Friday. 12/31/20 is a Monday. 1.) Record the adjusting entry for 12/31/20. 2.) Record the payment of wages 1/4/21 with and without reversing entries. 10.7% of accounts receivable are expected to be uncollectible as of 12/31/20. 11. During 2020, the company paid $12,000 for a one year advertising campaign that commenced on 3/1/20. Adjusting Entries: 1. The company paid $18,000 for a one year lease that commenced on 9/1/20. 2. The company received $25,000 in advance for services to be rendered in the future. As of 12/31/20 the company had earned $15,000. 3. The company paid $9,000 for a 1 year fire policy with an effective date of April 1, 2020. 4. During the year the company purchased $1,400 in supplies of which $400 remain on hand @ 12/31/20. 5. Buildings has a $70,000 salvage value and a 20 year life. 6. Equipment has a $30,000 salvage value and a 10 year life. 7. The company received a $40,000, 6%, 6 month note from a customer on 11/1/20. 1.) Record the adjusting entry for 12/31/20. 2.) Record the receipt of payment 4/30/21 with and without reversing entries. 8. The company received $24,000 from a tenant for a 1 year lease with a commencement date of 5/1/20. 9. The company has 2 employees that earn $5000 each per week. The employees work a 5 day work week and are paid every Friday for work performed through Friday. 12/31/20 is a Monday. 1.) Record the adjusting entry for 12/31/20. 2.) Record the payment of wages 1/4/21 with and without reversing entries. 10.7% of accounts receivable are expected to be uncollectible as of 12/31/20. 11. During 2020, the company paid $12,000 for a one year advertising campaign that commenced on 3/1/20