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hurry 30 minutes Read the description of following adjustments that...

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Accounting

hurry 30 minutes
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Read the description of following adjustments that are required at the end of the accounting period for Benton Tutoring: Determine the account and amount to be debited and the account and amount to be credited. A. Prepaid insurance for one year on January 1,201, in the amount of $10.800. Record the adjustment on January 31 , 201 B. Purchased supplies for $3,850 on January 1, 20X1. The inventory of supplies was $1,800 on January 31, 20X1. Record the adjustment for the amount of the supplies that were used during the month of January 201. C. Depreciation is computed using the straight-fine method. An automobile purchased on January 1,201, for $36,000 has an estimated useful ife of 15 years with no salvage value. Record the adjustment on January 31,201. D. Signed a 24-month contract for $4,200 of prepaid advertising on January 1, 20X1. Record the adjustment for the amount of the advertising contract that expired during the month of January 201. Journal entry worksheet Prepaid insurance for one year on January 1,201, in the amount of $10,800. Record the adjustment on January 31,201. Note: Enter debits before credits

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