The following information is available for United Corporation on February 28 for the month just ended Of the rent paid to United Corporation in advance, $1,250 has been earned. Property taxes of $700 have accrued but are unrecorded. $100 of the insurance policy purchased in advance has expired. A review of the $3,900 unadjusted balance in the supplies account shows a balance on hand at the end of the month of $3,250. United Corporation purchased furniture at the start of the month. The furniture cost $4,500 and is expected to have a residual value of $1,500 at the end of its five-year life. Prepare the required adjusting entries at February 28, 2014. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the Format dd/mmm (i.e., January 15 would be 15/Jan)