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Requirement 1. Journalize the adjusting entries on December 31. (Record debits first, then credits. Select the explanation on the last line o a. As of

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Requirement 1. Journalize the adjusting entries on December 31. (Record debits first, then credits. Select the explanation on the last line o a. As of December 31 , Farrolton had $650 of Prepaid Insurance remaining. (a) De b. At the end of the month. Farrolton had $800 of office supplies remaining c. vepreciation on the bullding is $3,200. 1. Journalee the adustry enties on Decenter 31 2. The four-celursm ledger accouhts have been opened for you using the the iour-colursi ledger accounted blal balance Host the adpecting enties bs the ledget accounis 3. Piepare the acjusted wia balance. 4. Assuming the offusind irial balance has iotal deblts ousad to total ciedaa. does fils inban that the affesthe entrias hare been recorded correctly? I splain Adustment data at Decamber 31 folis a. As of Decentere 31, F arohn had 5650 of Pispald lnsurance itemaining b. A the wnd of the menth, Farmatos had 3800 of ofice suples ienaning C. Deprecatian an the beibficy is 3),205 d. I airolion pars as emptorees weely on Fidiar lis e piopees cam 31, Coo tor a five itar wolkwek Ducenter Jt late on luesdoy the year e. On Novenber 20 . F arroloh contacted ta pertam sorices lar a dient tocehthe 12 soo in asvance f arobin wecosted this iecedt af cash as Data table

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