Requirement: Adjusting jornal entries. Please prepare the adjusting journal entry nessary at December 31.

1 On September 1 , the company loaned $200,000 to a customer at 6% interest Interest is payable annually, while the principal is due at maturity in 5 years. 4. On December 31, the company had not received its electric bill for December Prior experience shows that $800 is a good estimate for electricity in December Debit Credit Debit Credit 2. The company owns equipment costing $800,000, with $50,000 savage value and 5 ye 5. On January 1, Supplies account had a balance of $2,850. On June 1, the company purchased $4,600 of supplies. A physical count of supplies on December 31 showed $1,820 supplies on hand ar estimated useful life. The compan y uses straig ht-line method of depreciation Credit Credit 3. The company paid $60,000 for one year's rent on March 1. The company debited Prepaid Rent on March 1 6. On May 1, the company collected $33,000 from a customer for housekeeping services to be performed from June 1, 2014 through May 31, 2015. Service Revenue was credited for $33,000 on May 1 Debit Credit Debit Credit