Wildhorse Co. provides music lessons to many clients across the city. The following information is available to be used in recording annual adjusting entries at the company's September 30, 2021. year end: 1. 2. 3. 3. 4. 5 a On October 1, 2020, the company had a balance of $2,040 in its supplies account. Additional supplies were purchased during the year totaling $1.730. The supplies inventory on September 30, 2021, amounts to $820. On November 1, 2020, Wildhorse purchased a one-year insurance policy for $3,000. On January 2, 2021, a client paid $2,100 for six months of lessons starting April 2, 2021 On February 1, 2021. Wildhorse purchased a grand piano (to be used in music lessors) for $38,880. The piano's estimated useful life is 18 years On May 1, 2021. Wildhorse borrowed $29,400 from the bank and signed a 10-month, 6% note payable. Interest and principal are to be paid at maturity. On August 1.2021. Wildhorse signed a contract with a neighbourhood school to provide weekly piano lessons to some of its students for a fee of $2,300 per month. The contract called for lessons to start on September 1, 2021. The school has not yet been sent an invoice for the month of September. On August 15, 2021, the company paid 39.450 to Pinnacle Holdings to rent additional studio space for nine months starting September 1. Wildhorse recorded the full payment as Prepaid Rent Wildhorse's instructors have earned salaries of $2.910 for the last week of September 2021. This amount will be paid to the Instructors on the next payday: October 6, 2021 6. 7. 8. 9. Yuus Multiple Music lessons were provided to a local church group for $1,800 on September 30, 2021. Wildhorse has not yet invoiced the group or recorded the transaction. In early October 2021. Wildhorse received an invoice for $870 from the utility company for September utilities. The amount has not yet been recorded or paid. 10. Questi Multiple Questi Account Prepare the adjusting journal entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually Round answers to the nearest whole dollar, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Questi Account Debit Credit No. Date Account Titles and Explanation Questi Account 1. Sept. 30 Quest cos Viewin 45 2. Sept. 30 4C Sunny Question 45 of 45 - / 15 E No. Date Account Titles and Explanation Debit Credit 1. Sept. 30 2. Sept. 30 3. Sept. 30 4. Sept. 30 5. Sept. 30 Question 45 of 45 -/15 E 6. Sept. 30 7. Sept. 30 8. Sept. 30 9. Sept. 30 10. Sept. 30