WAB inc. is preparing 1ts tmancral statements tor 31 Dec 2019. Data related to the balances 0 various accounts affected by the adjusting or closing entries appear below. (The entries whicl caused the changes in the balances are not given.) You are asked to supply the missing journa entries which would logically account for the changes in the account balances. Please conside; each question separately and independently. (20 marks) 1. The interest receivable on 1 January 2019 was $2,000. The notes receivable has a balance 0 $1,000,000 at the beginning of the year. There is no change in notes receivable for the yea 2019. The interest rate for the notes receivable is 5% (unpaid by the debtor as of the end 0 2019). You are to provide the missing adjusting entry that needs to be made. (3 marks) WXB Inc. rented out a building for 3 years to Joto Inc. The rent for the building is $5000 pe month. The total rental price for the 3 years is $180,000. Joto Inc. paid the total pricI $180,000 on 1 Jan. 2018. You are to prepare the missing adjusting entry. (3 marks) Accumulated depreciationequipment on 1 January 2019 was $460,000. On 31 Decembe 2019, the balance of the account was $540,000. During 2019, one piece of equipment wa sold. The equipment had an original cost of 120,000 and was 3/4 depreciated when sold. Y0] are to prepare the missing adjusting entry. (3 marks) WXB leased a piece of equipment for 2 years at the beginning of 2018. The leasing price fo the equipment is $10,000 per month. WXB paid $240,000 for the 2-year on 1 Jan. 2018.Y01 are to prepare the missing adjusting entry related to the prepaid rent for 2019. (3 marks) Revenue for 2019 is $300,000 and total expense is $200,000. Net income for the year wa $100,000 (assuming no tax). During 2019, total W000 were declared an: $120,000 were paid in cash. Please prepare the closing journal entries for the revenue exnense. and dividend accounts- {8 marks)