Reporting & Analysis 58iquestionld 48fushed- Homework: 3-1 MyAccountingLab: Module Three Homework PART-2 Cath Score: 4 of 25 pts 5 of 6 (2 complete) /E3-21A (book/static) Jenkins Rentals Company faced the following situations. (Click the icon to view the situations) Requirement Jounalize the adjusting entry needed at December 31, 2020, for each situation. Consider each fact separately (Record debits frst, then credits Exclude explanations from any jer 1. Interest Payable 3.100 b. Interest reenue of $4,400 has been earned but not yet received Journal Entry Credit Debit Accounts b Choose from any list or enter any number in the input fields and then click Check Answer Clear Al parts remaining SONY "Quick Web Access ac ATI BADEDN ng situations. More Info ed at De hy joe 63,100 th a. The business has interest expense of $3,100 that it must pay early in January 2021. nal Entry b. Interest revenue of $4,400 has been earned but not yet received. c. On July 1, 2020, when the business collected $14,200 rent in advance, it debited Cash and credited Uneamed Rent Revenue. The tenant was paying for two years' rent. d. Salary expense is $5,700 per day-Monday through Friday-and the business pays employees each Friday. This year, December 31 falls on a Thursday e. The unadjusted balance of the Supplies account is $3,100. The total cost of supplies on hand is $1,200 f. Equipment was purchased on January 1 of this year at a cost of $140,000. The equipment's useful life is five years There is no residual value Record depreciation for this year and then determine the equipment's book value earned but Done Print ournal Entry umber in the input fields and then click Check Answer Clear All SONY Oick Web Access