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2. Prepare journal entries to adjust the books of Raymond Corp. at December 31, 2020 based on the following information: (2 points each) a. Interest earned during the month on a savings account totaled $300. b. Received the utility bill for December of $3,200, which will be paid on January 4th. C. The office supplies account at the beginning of 2020 was $800. During the year, Raymond Corp. made two purchases of office supplies for $3,000 and $4,000. Office supplies on hand at the end of the year totaled $400. Prepare the AJE (adjusting journal entry) to adjust the supplies account d. On July 1, 2020, Raymond Corp. paid a two-year insurance premium in the amount of $6,000. This amount was debited to insurance expense when the premium was paid. Prepare the end-of-year adjusting entry. e. On October 1, 2020, Raymond Corp. received cash of $7,500 from a customer for work to be performed over the next few months. As of the end of the year, one-third of the work had been completed. Prepare the AJE to adjust this account