The following is Blossom Limo Service Ltd.'s unadjusted trial balance at its year end, December 31, 2024. The company adjusts its accounts annually. Cash Accounts receivable Supplies Prepaid insurance Prepaid rent Vehicles Accumulated depreciation-vehicles Furniture Accumulated depreciation-furniture Debit $7,360 13,150 4,000 5,760 3,680 92,800 25,600 W Credit $23,200 6,400

1. The insurance policy has a one-year term beginning March 1,2024. At that time, a premium of $5,760 was paid. 2. A physical count of supplies at December 31 shows $910 of supplies on hand. 3. The vehicles were purchased on January 2, 2023, and have an estimated useful life of four years. The company uses straightline depreciation. 4. The furniture was purchased on July 2,2018 , and has an estimated useful life of 10 years. 5. Service revenue earned but not billed or recorded at December 31 is $2,800. 6. Interest on the 5% bank loan is paid on the first day of each following quarter (January 1. April 1. July 1, and October 1) and was last paid on October 1. 7. One of Blossom's customers paid $5,760 in advance for a six-month contract at the rate of $960 per month. The contract began on November 1 and Blossom credited Deferred Revenue at the time. 8. Drivers' salaries total $320 per day. At December 31 , three days of salaries are unpaid. 9. On December 1, Blossom paid $3,680 ( $1,840 per month) for the December 2024 and January 2025 rent in advance. 10. Income tax for the year is estimated to be $4,560. The company has paid $3,200 in income tax instalments to date. The following is Blossom Limo Service Ltd's unadjusted trial balance at its year end, December 31, 2024. The company adjusts its accounts annually. Accumulated depreciation-furniture Deferred revenue Bank loan payable, due September 1. 2027 Commonshares Retained earnings Dividends declared Service revenue Salaries expense Rent expense Repairs and maintenance expense Interest expense Income tax expense 6,400 5,760 43,920 8.000 12,190 6,080 200,960 107,200 20,240 7,500 3,860 3,200 $300,430$300,430 Prepare the adjusting journal entries required at December 31. (Credit account titles are automatically indented when amount is entered, Do not indent manually. List debit entry before credit entry. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.)