The amount for Prepaid Insurance relates to a oneyear insurance policy that was purchased on July 1, 2018. Prepare the required adjustment needed to Prepaid Insurance. A physical count of the supplies on January 31, 2019 indicates that $ 8,003 of supplies are still on hand (unused). No new equipment was purchased this year. The equipment has a current estimated useful life of 5 years and has no residual value. Using straightline depreciation, make any necessary adjustment. An analysis of the Unearned Revenue account indicates that $5,230 has now been earned as of January 31, 2019. Prepare the necessary adjusting entry. The eight month, 6% note payable was issued on November 1, 2018. Interest and principle are not due until the maturity date. Assume no interest expense has been recorded on this Note Payable to date. Prepare the required adjustment. Salaries of $15,315 have been earned as of January 31St by your employees but pay day will not occur until February 2"d 2019. On January 31, 2019 the company completed a consultingjob but has not had time to prepare or record the sales invoice yet. The amount of work completed amounted to $12,6F5. The Januarytelephone bill has not yet been received. It is estimated that this bill will be $1,171]