When the accounts of David Nguyen Inc. are examined, the adjusting data listed below are uncovered on December 31, the end of an annual fiscal period. A. INSTRUCTIONS: For 1-4, Record Adjusting entry in the journal & then post below-enter post ref # 1. The prepaid insurance account shows a debit balance of $7,200, representing the cost of a 2-year fire insurance policy beginning August 1 of the current year. Date Account Title Post Ref Debit Credit Prepaid Insurance #115 Insurance Expense # 515 8/1 7,200 2. On November 1, Rental Revenue was credited for $1,500, representing revenue from a sub rental for a 3-month period beginning on that date. Date Account Title Post Ref Debit Credit Unearned Rental Revenue #220 Rental Revenue #420 11/1 1,500 3. Purchase of advertising supplies for $1,000 during the year was recorded in the Advertising Expense account. On December 31, advertising supplies of $300 are on hand. 3. Purchase of advertising supplies for $1,000 during the year was recorded in the Advertising Expense account. On December 31, advertising supplies of $300 are on hand. Date Account Title Post Ref Debit Credit Advertising Supplies #125 Advertising Expense #525 1,000 4. Interest of $850 has accrued on notes payable. Account Title Date Debit Post Ref Credit 4. Interest of $850 has accrued on notes payable. Date Account Title Post Ref Debit Credit Interest Expense #530 Interest Payable #215 (b) Indicate which of the above adjusting entries should be reversed