TB Problem Qu. 5-84 (Algo) Read the descriptlon of following... Read the description of following adjustments that are required at the end of the accounting period for Hubbard Repair Services, a new firm. Journalize the necessary end-of-November adjustments. A. Purchased supplies for $3.500 on November 1, 20X1. Inventory of supplies was $1.000 on November 30,201. Record the adjustment for the amount of the supplies that were used during the month of November 201. B. Signed a 4 -month contract for $3.200 of prepaid advertising on November 1.20X1. Record the adjustment for the amount of the advertising contract that expired during the month of November 201. C. Prepaid rent for the year on November 1, 20X1. Rent expired during the month of November 201 totaled $2,500. Record the adjustment on November 30.201. D. Depreciation is computed using the straight-line method. Equipment purchased on November 1, 20X1, for $9,240 has an estimated useful life of 7 years with no salvage value. Record the adjustment on November 30,201. Journal entry worksheet Purchased supplies for $3,500 on November 1,201. Inventory of supplies was $1,000 on November 30,201. Record the adjustment for the amount of the supplies that were used during the month of November 201. Note: Enter debits before credits