The Abigail Company had the following adjustments at December 31, 2019, the end of the accounting period:

1. The company signed a $15,000, 6%, one-year note payable on September 1st. Record the accrual on 12/31.

2. On November 1, 2019, the Abigail Company paid $3,000 for six months of rent in advance. The rental period is November 1, 2019 through April 30, 2020. Prepare the adjustment on 12/31.

3. On August 1, 2019, the company collected $24,000 in advance for a consulting contract, which is to be earned evenly over the next 24 months. Record the adjustment on 12/31.

4. Employees are owed salaries for 3 days of a 5-day workweek; weekly payroll is $30,000.

E. The unadjusted balance of the supplies account is $2,750. Based on a physical count, the cost of supplies on hand is $1,000.