The following transaction information relates to Ensley, Inc. as of December 31, 2020. The company uses the calendar year as its annual reporting period and the Accrual Method of Accounting. They initially record prepaid and unearned items in balance sheet accounts (assets and liabilities, respectively). Prepare all necessary adjusting journal entries.

A. The company's weekly payroll is $2,500 and is paid each Friday for a five-day workweek. Assume December 31, 2020 falls on a Monday, but the employees will not be paid their wages until Friday, January 4, 2021.

B. Eighteen months earlier, on July 1, 2019, the company purchased equipment that cost $140,000. Its useful life is predicted to be seven years, at which time the equipment is expected to be worthless (zero salvage value). Ensley, Inc. uses the straight-line depreciation method, which has NOT been recorded for this year.

C. On October 1, 2020 Ensley, Inc. was paid $16,000 in advance of future installation of alarm systems in 4 new homes. The amount was credited to the Unearned Revenue - Alarms account. Between October 1 and December 31 alarm systems were installed in 3 homes, completing those jobs.

D, On September 1, 2020 the company purchased a 12-month insurance policy for $36,000. The transaction was recorded with a debit to the Prepaid Insurance account. Insurance expense has been recorded for all months except December.

E. On December 29, 2020 the company completed a $5,000 job that has not been billed/invoiced and therefore has not been recorded.

F. A $100,000 long-term note payable was signed on November 1st, 2020 (this year). It is a ten-year note with an 8% interest rate. Interest expense as not been accrued for this year.

G. Supplies beginning balance was $2,500. $3,800 in supplies was purchased throughout the year. The current balance in the account is $2,700. Calculate the amount of supplies used and record the adjusting entry to update the account.