Willow Window Washing Services prepares adjustments monthly and shows the following selected accounts on its 50 2020. unadjusted trial balance:

1C Pie

Account Debit Credit Prepaid insurance $ 3,390 Prepaid office rent 17,500 Prepaid subscriptions 1,190 Prepaid equipment rental 23,240

Required: Prepare the required monthly adjusting entries at December 31. 2020. based on the following additional information: a. The remaining balance in Prepaid Insurance was for a six-month insurance policy purchased for $6.780 and in effec4 1. 2020-b. $4.100 of the balance in Prepaid Office Rent had not been used as at December 31, 2020. c. $1.030 of the balance in Prepaid Subscriptions had been used as at December 31. 2020. d. The company paid $29,880 on April 1, 2020, to rent equipment for a three-year period beginning April 1, 2020

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