Robert Jones is in the business of generating rental revenue. The following information relates to his business, Robert Jones Realty. at the close of the fiscal year ended December 31 : 1. Robert purchased three months of advertising in the local newspaper on November 1 . Each month, $350 of the advertising Is used. (Do not use prepaid expensel 2. On November 1. Robert signed a three-month, 5% note payable to borrow $13,200 from TD Bank. interest is payable at the : maturity of the note. 3. Salarles due and unpaid at December 31 totat $1,500 4. Interest of $400 has acerued to date on a note recelvable that Robert holds frokn Grant Thurster. 5. There 15100 of supplies on hand at year end. The unadjusted batanice of the supplies account is $500. 6. Fiobert has not yet paid the December rent of 51.100 on the builing his businims usee iDe not ine accounts payblel 7. Insurance was pold on November 1 for one year and eturited to Prepaid insuirances. $972 5. There is $100 or supplies on hand at year end. The unadjusted balance of the supplies accountis $500. 6. Robert has'not yet paid the December rent of $1,100 on the building his business uses, (Do not use accounts payable) 7. Insurance was paid on November 1 for one year and charged to Prepaid Insurance, $972. 8. Property taxes that have accrued are in the amount of $1,200. (Do not use accounts payable) 9. On December 1, Robert gave Linda Brown a two-month, 8% note payable to settle $4,650 on accounts payable interest is payable at the maturity of the note. 10. On October 31. Robert received $2.130 from William Wilson in payment of six months' rent for Wilson's office space in the building and credited Unearned Revenue. 11. The bill from Capital Hydro for December has been received but not yet entered or paid, 5400. 12. The depreciation on furniture for the year is $1.900. Prepare annual adjusting entries as at December 31. (Credit account titles are automaticaily indented when amount is entered Do not Indent manually. If no entry is required, select "No Entry" for the account tities and enter ofor the amounix. List all debit entries before oneitit Prepare annual adjusting entries as at December 31. (Credit account titles are automatically indented when amount is entered Do not Indent manually. If no entry Is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries beforr credit entries.) Question 15 of 16 Interest Payable 3. 4. 5