X X Class ADMN 1126 Foll21 Vol 1 in X Alternate Problems C 2. Broad Search/Focused Search: x + C | c @ https://prod.reader-uiprod.mheducation.com/epub/sn_5601/data-wild-56557067456549f0b9be1a5c027535 TO Aa 6 ALTERNATE PROBLEMS Problem 3-1B Preparing adjusting entries (annual)-prepaid expenses 104 Camillo's Cleaning Services is gathering information for its year-end, April 30, 2020. Selected accounts on the April 30, 2020, unadjusted trial balance are reproduced below: Debit Credit Account Prepaid equipment rental ........ Prepaid warehouse rental Prepaid insurance Cleaning supplies $24.750 8,800 9,160 4.100 Page 219 Required Prepare the required annual adjusting entries at April 30, 2020, based on the following additional information: a. The balance in the Prepaid Equipment Rental account is for 18 months of equipment rental that began December 1, 2019. b. $6,000 of the balance in the Prepaid Warehouse Rental account had been used as of April 30, 2020. c. The balance in the Prepaid Insurance account represents six months of insurance effective February 1, 2020. d. A count of the cleaning supplies revealed that $2,850 had been used. Analysis Component: Type here to search O 5C Mostly clear A a) ENG 4. 7:50 PM 2021-12-13