4. please do all numbers! Each of the following independent...
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Accounting
4. please do all numbers!
Each of the following independent events requires a year-end adjusting entry, a. Paid $9,900 cash in advance on July 1 for a one-year lease on office space b. Purchased $3,100 of supplies on account on April 15. At year-end, $410 of supplies remained on hand. c. Received a $8,600 cash advance on July 1 for a contract to provide services for one year beginning Immediately. d. Pald $3,600 cash in advance on February 1 for a one-year insurance policy. Required Record each event and the related adjusting entry in general journal format. The first event is recorded as an example. Assume a December 31 closing date. (Do not round intermediate calculations, Round your final answers to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Date Account Titles Debit Credit July 1 Prepaid rent 9,900 9,900 Dec. 31 Rent Expense (9,9006/12) 4,950 Prepaid rent 4,950 Cash View transaction list Journal entry worksheet Journal entry worksheet Record supplies purchase on account. Note: Enter debits before credits. Date General Journal Debit Credit Apr. 15 Record entry Clear entry View general journal


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