Use the additional information provided in the beginning of this document to prepare Adjusting Journal Entries at December 31, 2022. These entries should be recorded in your 2022 General Journal and then posted to the General Ledger.

With all of the transactions for the October-December 2022 period recorded, the company is facing their first year-end at December 31. The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months: a. The December 31 inventory count of computer supplies shows $850 still available. b. Three months have expired since the 12-month insurance premium was paid in advance. c. As of December 31, Lyn Addie has not been paid for four days of work at $150 per day. d. The computer system is expected to have a seven-year life with a salvage value of $4,700. e. The office equipment is expected to have a ten-year life with no salvage value. f. Three of the four months' prepaid rent has expired. g. A count of physical inventory at December 31 resulted in an ending value of $8,425. h. Management estimates that 10% of ending Accounts Receivable balance will be uncollectable. i. Interest on the short-term note payable will be paid at maturity (March 2, 2022). With all of the transactions for the October-December 2022 period recorded, the company is facing their first year-end at December 31. The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months: a. The December 31 inventory count of computer supplies shows $850 still available. b. Three months have expired since the 12-month insurance premium was paid in advance. c. As of December 31, Lyn Addie has not been paid for four days of work at $150 per day. d. The computer system is expected to have a seven-year life with a salvage value of $4,700. e. The office equipment is expected to have a ten-year life with no salvage value. f. Three of the four months' prepaid rent has expired. g. A count of physical inventory at December 31 resulted in an ending value of $8,425. h. Management estimates that 10% of ending Accounts Receivable balance will be uncollectable. i. Interest on the short-term note payable will be paid at maturity (March 2, 2022)