Consider the following items for Burton Company: 1. On November 1 of the current year, Burton Company borrowed $150,000 at 8% interest. As of December 31, no interest expense has been recognized. 2. On September 1 of the current year, Burton Company rented to another company some excess space in one of its buildings. Burton Company received $18,000 cash on September 1. The rental period extends for six months, starting on September 1. Burton Company credited the account Unearned Rent Revenue upon receipt of the rent paid in advance. 3. At the beginning of the year, Burton Company had $900 of supplies on hand. During the year, another $5,400 of supplies were purchased for cash and recorded in the asset account Office Supplies. At the end of the year, Burton Company determined that $1,400 of supplies remained on hand. 4, On February 1 of the current year, Burton Company loaned Dridge Company $100,000 at 9% interest. The loan amount, plus accrued interest, will be repaid in one year. For each of the items, make the appropriate adjusting journal entry, if any, necessary in Burton Company’s books as of December 31.